| | InvestHub.com's
Finance Dictionary and Glossary of Investment Terms
Debt securities
Definition 1.
IOUs created through loan-type transactions-commercial paper, bank CDs, bills, bonds, and other instruments.
|
Definition 2.
Any security that represents borrowed funds. Bonds are the classic debt securities, and often the loan represented by the bond is secured by the assets of the borrower. Thus, in the event things go sour, the bondholders'' claim on assets takes precedence over the stockholders'' claim.
|
|
|