A security in which the issuing company generally agrees to repay the principal (typically, the original amount borrowed) and make interest payments according to an agreed schedule
A general term embracing all legal documents that represent a debt between two parties in a form that can be transferred from one holder to another See also bond and money market
Securities, such as Treasury Bills and Commercial Paper, that represent money borrowed by the issuer This money must be repaid by the maturity date at a specified interest rate unless it was an original issue discount purchase
One of two types of securities, the other being equity securities Debt securities are the legal obligation owed by an issuer to an investor when an issuer borrows money from the investor The debt security outlines the terms of this obligation including: the amount the issuer borrowed, the interest rate and frequency of interest payments to be made to the investor, and the time at which the security will mature or may be called If a company goes bankrupt, debt security holders generally may make claims against the company's assets before equity STET holders
- Security representing money borrowed that must be repaid and having a fixed amount, a specific maturity or maturities, and usually a specific rate of interest or an original purchase discount Examples are bond or a note