Stock bearing a fixed rate of interest. Unlike a debenture, loan stock may be unsecured. Exchange Handbook Glossary
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Long-term debt issued by a company in order to raise capital for which interest is paid. Financial Services Glossary
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loan stock UK US noun [U]
► FINANCE stocks and shares that a company sells to investors for an agreed period in order to raise money from the fixed interest rates of the loan: »
The company disclosed it could not buy back loan stock as planned because a tentative bid approach had been made.
Financial and business terms. 2012.