Obligation
Of document. May also be referred to as certificate of indebtedness and debt instrument.
A written promise to repay a debt.
This concept's ID is @1~67137
Contains
- bond
A certificate of debt (usually interest-bearing or discounted) that is issued by a government...
- note
A promise to pay a specified amount on demand or at a certain time; "I had to co-sign his note...
- cash equivalent
A highly liquid debt instrument with maturities of less than three months.
- CD
A debt instrument issued by a bank; usually pays interest.
- floater
A debt instrument with a variable interest rate tied to some other interest rate (e.g. the...