debt security

  

Definition

Debt instrument such as a bond, debenture, or promissory note which is issued with a promise of repayment on a certain date at a specified rate of interest.

Use debt security in a sentence

  • We had a lot of debt security, which was really great for us and allowed us to do a lot of new things.

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  • Federal agents raided the headquarters of Diamond Financial Services for allegedly falsifying documents that overstated the value of its assets leading to the conclusion that its debt security to investors and creditors is at risk of being worth nothing at all.

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  • The debt security was entered into with the intention of being a loan to the company so we felt bad about wanted to cash it out.

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