certificate of indebtedness

Definitions of certificate of indebtedness
1

n a written promise to repay a debt

Synonyms:
debt instrument, obligation
Types:
show 29 types...
hide 29 types...
cash equivalent
a highly liquid debt instrument with maturities of less than three months
CD, certificate of deposit
a debt instrument issued by a bank; usually pays interest
note, note of hand, promissory note
a promise to pay a specified amount on demand or at a certain time
floater
a debt instrument with a variable interest rate tied to some other interest rate (e.g. the rate paid by T-bills)
bond, bond certificate
a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal
bond issue
bonds sold by a corporation or government agency at a particular time and identifiable by date of maturity
convertible bond
a bond that can be converted to other securities under certain conditions
corporate bond
a bond issued by a corporation; carries no claim to ownership and pays no dividends but payments to bondholders have priority over payments to stockholders
bearer bond, coupon bond
a bond issued with detachable coupons that must be presented to the issuer for interest payments
government bond
a bond that is an IOU of the United States Treasury; considered the safest security in the investment world
high-yield bond, junk bond
a (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit
municipal bond
a bond issued by a state or local government
noncallable bond
a bond containing a provision that the holder cannot redeem the security before a specific date (usually at maturity)
performance bond, surety bond
a bond given to protect the recipient against loss in case the terms of a contract are not filled; a surety company assumes liability for nonperformance
post-obit bond
a bond made by a reversioner to secure a loan; payable out of his reversion
registered bond
a bond whose owner is recorded on the books of the issuer; can be transferred to another owner only when endorsed by the registered owner
revenue bond
a bond issued by an agency that is commissioned to finance public works; revenue from the public property is used to pay off the bond
secured bond
a bond that is back by collateral
debenture, debenture bond, unsecured bond
the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future
zero coupon bond, zero-coupon bond
a bond that is issued at a deep discount from its value at maturity and pays no interest during the life of the bond; the commonest form of zero-coupon security
time deposit
a certificate of deposit from which withdrawals can be made only after advance notice or at a specified future date
demand note
a note payable on demand
note receivable
your right in a promissory note in which the maker promises to pay a certain amount of money at a certain time
note payable
a note promising to pay a certain amount of money at a certain time
commercial paper
an unsecured and unregistered short-term obligation issued by an institutional borrower to investors who have temporarily idle cash
municipal note
a municipal debt instrument with a maturity of less than 2 years
IOU
an informal debt instrument; representing `I owe you'
time note
a note that specifies the time (or times) of repayment
Premium Bond
a government bond that bears no interest or capital gains but enters the holder into lotteries
Type of:
document
a written account of ownership or obligation

Sign up, it's free!

Whether you're a student, an educator, or a lifelong learner, Vocabulary.com can put you on the path to systematic vocabulary improvement.