Professional Documents
Culture Documents
such as?
BONDS or a MORTGAGE,
The maturity of a debt instrument is the number of years (term) until the
instrument’s expiration date.
A debt instrument is SHORT-TERM if its maturity is less than a year.
A debt instrument is LONG-TERM if its maturity is ten years or longer.
Debt instruments with a maturity of one and ten years are said to be
intermediate-term.
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A debt instrument is SHORT-TERM if its maturity is less than a year.
A debt instrument is LONG-TERM if its maturity is ten years or longer.
Debt instruments with a maturity of one and ten years are said to be
intermediate-term.
A debt instrument is SHORT-TERM if its maturity is less than a year.
A debt instrument is LONG-TERM if its maturity is ten years or longer.
Debt instruments with a maturity of one and ten years are said to be
intermediate-term.