Debt Instrument
/ˈdɛt ˈɪnstrəmənt/
Definitions
- (n.) A legal document or written agreement evidencing a debt and obligating the issuer to repay a specified sum, often with interest, under agreed terms.
The bond is a common debt instrument used by corporations to raise capital.
Forms
- debt instruments
Related terms
See also
Commentary
Debt instruments are central in finance law and must clearly specify repayment terms to ensure enforceability.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.