Debt instrument/Definition: Difference between revisions

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imported>Nick Gardner
(New page: 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 mortga...)
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Revision as of 12:09, 21 February 2008

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.