debenture

In sport, a debenture is defined as a certificate of agreement of loans which is given under the company's stamp and carries an undertaking that the debenture holder will get a fixed return (fixed on the basis of interest rates) and the principal amount whenever the debenture matures. The terms may also include ancillary benefits such as an option to buy tickets at a favourable price, as well as or instead of interest. The term stems from the financial concept of a debenture.
A large number of sporting organisations have issued debentures to raise money, to allow their fans to gain a financial stake in the club, to foster a sense of community, and in some cases to fund new construction.

debenture

A debenture is a document that either creates a debt or acknowledges it, and it is a debt without collateral. In corporate finance, the term is used for a medium- to long-term debt instrument used by large companies to borrow money. In some countries the term is used interchangeably with bond, loan stock or note. A debenture is thus like a certificate of loan or a loan bond evidencing the fact that the company is liable to pay a specified amount with interest and although the money raised by the debentures becomes a part of the company's capital structure, it does not become share capital. Senior debentures get paid before subordinate debentures, and there are varying rates of risk and payoff for these categories.

Debentures are generally freely transferable by the debenture holder. Debenture holders have no rights to vote in the company's general meetings of shareholders, but they may have separate meetings or votes e.g. on changes to the rights attached to the debentures. The interest paid to them is a charge against profit in the company's financial statements.

hook

A hook is a musical idea, often a short riff, passage, or phrase, that is used in popular music to make a song appealing and to "catch the ear of the listener". The term generally applies to popular music, especially rock music, R&B, hip hop, dance music, and pop. In these genres, the hook is often found in, or consists of, the chorus. A hook can be either melodic or rhythmic, and often incorporates the main motif for a piece of music.


One definition of a hook is "a musical or lyrical phrase that stands out and is easily remembered".


While some melodic hooks include skips of a eighths or more to make the line more interesting, a hook can be equally catchy by employing rhythmic syncopation or other devices. A hook may also garner attention from listeners from other factors, such as the vocal timbre or instrumentation, as in the case of the Beach Boys' use of an unusual theremin-like instrument in "Good Vibrations". Some hooks become popular without using any unusual elements. For example, in the song "Be My Baby", performed by The Ronettes, the hook consists of the words "be my baby" over the conventional I-vi-IV-V chord progression of the chorus. Hooks in hip hop almost always refer to the chorus between verses.

promise ring

A pre-engagement ring (also known as a promise ring) is a ring given to a romantic partner to signify a commitment to a monogamous relationship, often as a precursor to an engagement ring. Promise rings can be worn on any finger, but those symbolizing pre-engagement are generally worn on the left ring finger; sometimes, the left middle finger or right ring finger is used instead to prevent confusion with an actual engagement ring. This is typically done among teenagers who are too young to be legally married, and rarely seen among adults.

Editor's side note on the dangers of automated blogging

Dearest readers,

Yesterday's word of the day "zerbert" is a term coined by Bill Cosby, and a picture of Bill Cosby accompanied the post. This post was in no way a show of support for this man, and there was no intention on my part to make light of his actions. I categorically and whole-heartedly condemn the actions, career, and character of Mr. Cosby. When I made the post it was intended as a playful word of the day referencing the work of a beloved artist. To say his long career as a comedian and self-styled role model is thoroughly tainted would be an understatement. The man is abhorrent.

The post was scheduled many months ago before the actions of Mr. Cosby were very widely known. I acknowledge that I was ignorant about his past. Unless anyone objects, I plan to leave the post where it is as a cautionary tale against lazy scheduled blogging. I am very sorry if my actions hurt anyone. I did not mean to offend.

Thank you for your continued readership.

Ben

Claddagh ring

The Claddagh ring (Irish: fáinne Chladaigh) is a traditional Irish ring given which represents love, loyalty, and friendship (the hands represent friendship; the heart represents love; and the crown represents loyalty).
The design and customs associated with it originated in the Irish fishing village of Claddagh, located just outside the old city walls of Galway, now part of Galway City. The ring, as currently known, was first produced in the 17th century.

Airglow

Airglow (also called nightglow) is the very weak emission of light by a planetary atmosphere. In the case of Earth's atmosphere, this optical phenomenon causes the night sky never to be completely dark, even after the effects of starlight and diffused sunlight from the far side are removed.