DEBT INSTRUMENT

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does debt instrument mean? 

• DEBT INSTRUMENT (noun)
  The noun DEBT INSTRUMENT has 1 sense:

1. a written promise to repay a debt

  Familiarity information: DEBT INSTRUMENT used as a noun is very rare.

 Dictionary entry details 

• DEBT INSTRUMENT (noun)

Sense 1

Meaning:

A written promise to repay a debt

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

certificate of indebtedness; debt instrument; obligation

Hypernyms ("debt instrument" is a kind of...):

document (a written account of ownership or obligation)

Hyponyms (each of the following is a kind of "debt instrument"):

cash equivalent (a highly liquid debt instrument with maturities of less than three months)

CD; certificate of deposit (a debt instrument issued by a bank; usually pays interest)

note; note of hand; promissory note (a promise to pay a specified amount on demand or at a certain time)

floater (a debt instrument with a variable interest rate tied to some other interest rate (e.g. the rate paid by T-bills))

bond; bond certificate (a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal)