   
|
|
|
|
Debt Instrument
|
A debt instrument is a contractural or written assurance to repay a debt. A debt instrument can be a promisory note, a bill of exchange, a bond or other such instrument. A debt instrument may also be referred to as an instrument of indebedness. In most cases a debt instrument can be sold, traded, or otherwise used as a form of currency or barter, with the debt owed to the debt instrument's current holder. A debt instrument backed by a government agency -- such as a U.S. Treasury Bond -- or a highly-rated corporate bond with a fixed dollar payment may be defined as an asset. Defaulting on a debt instrument may result in the loss of the pledged collatoral, or in a reduction of the credit rating of the entity which issued the debt instrument.
Rate this debt instrument definition...
|
|
Where is the market headed? The answer may surprise you. Find out
right now with the exclusive & Barron's recommended charts of Chart of the Day.
|
Popular Terms: EBITDA, liquidity ratio, 401a, deferred tax, command economy, 144a, per diem, margin rate, deferred revenue, required rate of return, cancelled check, open position, stock split, ex-dividend, implied volatility, in escrow, irrevocable trust, limit order, quality assurance, risk management, 1035 exchange, Key Rate Duration, class C shares, current ratio, Zero Cost Collar, 1031 exchange, wholly-owned subsidiary, VIX, reverse mortgage, retained earnings, phantom income, option premium, minority interest, labor relations, ex-dividend date, covered put, real GDP, LIBOR, inflation, dividends payable, diluted share, debt service coverage, balance sheet, APR, equities, average price per share, FICO score, FTSE, stock market close
|
|
|
|
