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The phrase "debt instrument" is grammatically correct and can be used in written English.
It refers to any type of financial instrument or security that represents a financial obligation or liability, such as a bond, loan, or promissory note. Example: The company issued a new debt instrument in order to raise capital for their expansion plans.
Dictionary
debt instrument
noun
A document evidencing a debt; the debt so evidenced.
Exact(54)
So imagine if someone comes along with a debt instrument and says, I'll tell you what.
This new debt instrument is especially exciting because of its monumental size.
It also means creating a debt instrument that investors can believe in.
A PACE bond is a debt instrument where the proceeds are lent to property owners to financing energy efficiency retrofits.
If that debt instrument (a bond, a bank loan, a mortgage) defaults, the insurer compensates the insured for his loss.
Mr. Goldfarb said the debt instrument, which would not pay interest until 1991, was worth about $17.
Similar(6)
Flexible debt instruments could help.
Debt instruments can default.
Complicated debt instruments, national economic policies, very high level stuff.
Technically, eurobonds are tradable debt instruments, and therefore mostly issued in bearer form.
Even junk bonds, the high-risk corporate debt instruments, are luring brave souls again.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com