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A short-term debt instrument. They normally mature in or less than five years.

Related Terms:

Debt to Equity
This old standard is commonly used to get a feel for indebtedness, particularly in comparison with ...

Investment Securities
Investments in debt securities are carried at amortized cost only when they qualify as 'held-to-maturity.'' To ...

The date on which a bond's principal is repaid to the investor and interest payments cease. ...

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