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What Are Debt Instruments?
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asked 8 months ago
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A Debt instrument is a paper or electronic based obligation that enables the issuing party to raise funds. It is a written promise made by the debtor to repay the lender according to the terms of the contract. Most common forms of Debt instruments are bills, Notes, bonds, notes, CDs, GICs, commercial paper, mortgages, leases and banker's acceptances.
answered 8 months ago
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