What's the difference between a bond and a debenture?
Are they simply different words used to mean the same thing? (e.g. debenture sounds more business-like than bond).
Investopedia has definitions for both:
Wikipedia's entry for debenture says:
Seems to me that there's not much difference.
Some additional links which explain their differences. But mostly as @bstpierre says, both are very similar and in some cases the terms may be used inter changeably