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Debt instrument |
Also found in: Dictionary/thesaurus, Wikipedia, Hutchinson | 0.02 sec. |
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Debt instrument An asset requiring fixed dollar payments, such as a government or corporate bond. |
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For example, while a highly-rated "Class 1" debt instrument or preferred stock requires a 0. A third-party investor will normally insist on a bona-fide debt instrument, market interest rate and regular payments, thereby nullifying most of the points indicating disguised equity arrangements. The standard business rules built into Projected Financials dictate how and where to report such things as the gain or loss on the sale of an asset or the difference between the current portion and long-term portion of a debt instrument. |
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