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debt instrument

debt instrument

1 6.1
A document or digital record, like a bond, that shows someone owes money and when they must pay it back
  • noun
  • /dɛbt ˈɪnstrəmənt/
  • Specialized
translation icon : instrumento de deuda
  • Last November, I estimated the size of the gross stock of global debt instruments at $90 trillion for mid-2000.
  • short-term debt instruments
  • term debt instrument

OK, They borrowed, they bought, bought the bonds, they bought all of those things and all of those debt instruments.

Examples

  • Huge amounts of paper debt instruments have been created, and they hover over a very small amount of real assets.

    Blog text (26)
  • The pound sterling and the Swiss franc were once important reserve currencies, but the British and Swiss economies are too small today for the pound or the franc to serve as more than a subsidiary reserve currency; neither country can provide debt instruments on the scale required by the global financial system.

    Academic text (2009)
  • Just think of how many debt instruments are suddenly worth nothing!

    Blog text (23)
  • But at present, the central banks buy debt instruments.

    Blog text (22)
  • When people realize there is no real money, just debt instruments traded as money, there will be a rush into something real.

    Blog text (1)
  • Some trade in focused and concentrated portfolios, some with a wide spread of international equities, while others prefer debt instruments.

    Blog text (29)
  • The Federal Reserve can, however, purchase other types of debt instruments (such as government agency debt and mortgage-backed securities) with its bank capital.

    Blog text (28)
  • In the past decade, a number of countries have engaged in debt equity swaps in which a private party purchases a debt instrument and exchanges it with the government of the country for something of economic worth, often some government-owned enterprise that the government wishes to privatize.

    Academic text (1990)
  • In some respects, Chapter 9 is similar to other chapters of the Bankruptcy Code in that it allows debtors to restructure their finances by modifying the terms of their debt instruments and/or refinancing existing obligations by entering into new financial arrangements.

    Academic text (2018)
  • The bank issued a new debt instrument that allows investors to receive interest payments over a ten-year period.

Synonyms

bond
vsdebt instrument
  • Specialized
564 4.4

A certificate promising to repay borrowed money with interest

is the broad category covering formal records that state owing and repayment details
IOU
vsdebt instrument
6 7.0

A written note saying you owe money to someone

is the formal category used for official records that explain repayment terms
promissory note
vsdebt instrument
  • Specialized
6 7.0

A written promise to pay money to a named person or holder, payable on demand and sometimes later

is a broader record covering many document types not only a single payment promise
debenture
vsdebt instrument
  • Specialized
2 9.8

A document saying a company will pay back money with interest, usually not secured by property

is the general formal record that can be secured or unsecured
bond certificate
vsdebt instrument
  • Specialized
4.9

An official paper that shows a loan to a government or company, with amount, interest, and payback date

is the general term for any formal record showing someone owes money
certificate of indebtedness
vsdebt instrument
  • Specialized
8.6

A written paper that shows a person owes money and promises to pay it back

is the broader name for formal records that show someone owes money

How Secure

Treasury bond
  • Specialized
10 4.9
government bond
  • Specialized
14 2.7
debt instrument
  • Specialized
1 6.1
corporate bond
  • Specialized
4 3.7
promissory note
  • Specialized
6 7.0
IOU
6 7.0

Surface Forms

Morphology

debt + instrument

The meaning 'a formal document evidencing a debt' is directly and compositionally derivable from 'debt' (sum owed) + 'instrument' (a formal/legal document). This is a transparent, cross-linguistically common compounding pattern in finance/legal vocabulary, so a B1 learner who knows both constituent words will very likely infer the MWE's meaning.

Etymology

Debt instrument may come from the old use of 'instrument' for a written tool or paper. Think of a paper or digital record that holds a debt (a promise to pay), so the phrase means a formal document or record showing someone 'owes money'.