If the Maturity of a Debt Instrument Is Less Than

question 92

Multiple Choice

If the maturity of a debt instrument is less than one year,the debt is called

• A)short-term.
• B)intermediate-term.
• C)long-term.
• D)prima-term.

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Definitions:

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A manual or document issued by an employer to employees, containing company policies, procedures, and guidelines.

Register Securities

The process of documenting ownership of stocks or bonds with the appropriate regulatory body.

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A U.S. law enacted to ensure more transparency in financial statements so investors can make informed decisions; it requires securities to be registered with the Securities and Exchange Commission.

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The process by which a person accused of committing a crime is charged, tried, and judged, potentially leading to punishment.