Debt instrument/Definition: Difference between revisions

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A formal obligation assumed by a borrower to replay the lender in accordance with the terms of an agreement. Debt instruments include bonds, debentures, promissory notes, leases and mortgages.
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A formal obligation assumed by a borrower to replay the lender in accordance with the terms of an agreement, including  [[bond]]s, [[debenture]]s, promissory notes, leases and [[mortgage]]s.

Latest revision as of 06:31, 22 February 2010

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Debt instrument [r]: A formal obligation assumed by a borrower to replay the lender in accordance with the terms of an agreement, including bonds, debentures, promissory notes, leases and mortgages.