debt instrument
Definition
Document that serves as a legally enforceable evidence of a debt and the promise of its timely repayment. Banker's acceptance, bills of exchange, bonds, certificates of deposit, debentures, and promissory notes, all are debt instruments.
debt instrument is in the Accounting & Auditing, Banking, Commerce & Finance and Corporate, Commercial, & General Law subjects.
debt instrument appears in the definitions of the following terms:
redemption date,
bond,
direct pay letter of credit (L/C),
IOU,
equity instrument,
mortgage,
acceleration clause,
call provision,
effective rate of return,
debt security
and
This content can be found on the following page:
http://www.businessdictionary.com/definition/debt-instrument.html
email to a friend print this definition cite this definition