Debt instrument issued by companies or the government as a means of borrowing long term fund
Answers
Answered by
0
Answer:
Credit card bills and treasury notes are examples of short-term debt whereas long-term loans and mortgages form part of long-term debt instruments. Debentures are not backed by any security. They are issued by the company to raise medium and long term funds.
Similar questions
English,
10 days ago
English,
10 days ago
Hindi,
21 days ago
Social Sciences,
21 days ago
Biology,
8 months ago