The following are the main difference between a debenture and a debenture stock:
- Debenture need not be fully paid whereas debenture stock must be fully paid.
Image Source: numismondo.net/pm/fji/FjiN.319aRC.6aP.16Ba10Dollars1.1.1872.jpg
- Debenture can be transferred wholly whereas debenture stock can be transferred in fraction also.
- Debentures are identified by their district number whereas no such distinct numbers in case of debenture stock.