Economy, asked by simrankhatana8091, 21 days ago

Debt instrument issued by companies or the government as a means of borrowing long term fund

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Answered by d1305ance
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.

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