What is the etymological origin of the word 'debenture'?

Latin

The term 'debenture' originates from the Latin word 'debere,' which signifies borrowing. A debenture is a documented instrument issued by a company's common seal, serving as formal acknowledgment of a debt. It includes an agreement specifying repayment of the principal amount, either at a predetermined time, in intervals, or upon the company's discretion, along with fixed-rate interest payments typically made semi-annually or annually on specified dates.