An obligation to repay a sum of principal, plus interest. In corporate terms, debt often refers to bonds or similar securities.
- Browse Related Terms: bond, capital gain or loss, cash equivalent, Debt, income fund, Interest, Maturity, money market, money-market fund, real return, realized and unrealized gain/loss, Risk, treasury bills (t-bills), Zero-coupon bond
A debt is an obligation to repay an amount you owe. Debt securities, such as bonds or commercial paper, are forms of debt that bind the issuer, such as a corporation, bank, or government, to repay the security holder. Debts are also known as liabilities.
- Browse Related Terms: accrued interest, Bonds (Corporate), Coupon Rate, Debt, Full faith and credit, General obligation (GO) bond, Insured bond, Senior bond, Treasuries
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