Certificate of Indebtedness

Certificate of Indebtedness
   A United States Treasury debt obligation which has a maturity of one year or less, similar to a Treasury bill. The certificate has a fixed coupon with a set rate of interest, in contrast to the Treasury bill which pays interest by being sold at a discount from face value. The customer base for certificates includes banks, corporations and wealthy individuals.
   ► See also Coupon, Treasury Bill.

Financial and business terms. 2012.

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Look at other dictionaries:

  • certificate of indebtedness — index bond, security (stock) Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • certificate of indebtedness — noun a written promise to repay a debt • Syn: ↑debt instrument, ↑obligation • Hypernyms: ↑document • Hyponyms: ↑cash equivalent, ↑certificate of deposit, ↑ …   Useful english dictionary

  • Certificate of Indebtedness — A short term fixed income security issued by the United States Treasury that has a coupon. Unlike treasury bills—which are sold at a discount and mature at par value without a coupon payment—certificates of indebtedness offer fixed coupon… …   Investment dictionary

  • certificate of indebtedness — a short term, negotiable, interest bearing note representing indebtedness. * * * …   Universalium

  • certificate of indebtedness — An instrument issued by a building and loan association for borrowed money. 13 Am J2d B & L Assoc § 10: an obligation issued by a receiver, trustee, or debtor in possession, for money borrowed for the purpose of continuing the operation of the… …   Ballentine's law dictionary

  • certificate — cer·tif·i·cate 1 /sər ti fi kət/ n 1 a: a document containing a certified statement esp. as to the truth of something a birth certificate b: a document certifying that a person has fulfilled the requirements of and may practice in a specified… …   Law dictionary

  • certificate — /sartifakat/ A written assurance, or official representation, that some act has or has not been done, or some event occurred, or some legal formality has been complied with. A written assurance made or issuing from some court, and designed as a… …   Black's law dictionary

  • certificate — /sartifakat/ A written assurance, or official representation, that some act has or has not been done, or some event occurred, or some legal formality has been complied with. A written assurance made or issuing from some court, and designed as a… …   Black's law dictionary

  • certificate of loan — See certificate of indebtedness …   Ballentine's law dictionary

  • certificate of receiver — See certificate of indebtedness …   Ballentine's law dictionary

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