OBLIGATION
OBLIGATION
Financial instrument issued by a company, public authority or government. It is a debt security (i.e. it represents a debt) repayable on a date and for an amount fixed in advance, and which earns interest.
Financial instrument issued by a company, public authority or government. It is a debt security (i.e. it represents a debt) repayable on a date and for an amount fixed in advance, and which earns interest.