Question

span >Which is an unsecured, short-term debt instrument issued by a company for meeting short-term liabilities?

Q: Answer-Which is an unsecured, short-term debt instrument issued by a company for meeting short-term liabili...

Debentures A long-term security bearing a fixed rate of interest and normally secured against assets. Bonds It is an instrument of indebtedness of the bond issuer to the holders. Commercial Bills A bill of exchange to raise money for short-term needs. Commercial Papers An unsecured, short-term debt instrument issued for financing of accounts receivable, inventories and meeting short-term liabilities. Certificates of deposits CD A savings certificate entitling the bearer to receive interest.