Debt Instrument
A debt instrument is a financial tool that individuals, governments, or businesses use to raise capital. Examples of debt instruments include credit cards, credit lines, loans, and bonds. The term “debt instrument” is primarily used for institutions seeking to secure capital, usually through a revolving line of credit not associated with a primary or secondary market. Advanced contractual structures and the participation of multiple lenders or investors are common features of complex debt instruments, which are often facilitated through organized marketplaces.