Related Words

Debt Instrument: The amount of borrowing that leasing displaces. Firms that do a lot of leasing are curtailed in their debt capacity.

Floating Debt: A bond whose interest rate varies with the interest rate of another debt instrument, e.g., a bond that has the interest rate of the Treasury bill +.25%.

Debt Ratio: The relationship between a persons long term debt payments and their monthly income.

Limited-Liability Instrument: A security, such as a call option, in which the owner can lose only the initial investment.

Level Debt Service: A municipal charter provision that debt payments must be relatively equal from year to year so that required revenue projections are easier.

Keyboard Instrument: Instrument sounded by means of a keyboard (a series of keys played with the fingers). The most commonly recognized keyboard instruments are the piano, organ, harpsichord and synthesizer, a r . . . View Full Definition

Long-Term Debt-To-Equity Ratio: A capitalization ratio comparing long-term debt to shareholders' equity.

Long Term Debt: Financing used to purchase or improve assets such as plant, facilities, large equipment and real estate.

Long-Term Debt: Total of all debt due after one year including bonds at face value.

Long-Term Debt Ratio: The ratio of long-term debt to total capitalization.