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Categories: Economics & Finance
A debt security is a type of security that represents money that is borrowed that must be repaid, with terms that define the amount borrowed, interest rate and maturity/renewal date. Debt securities include government and corporate bonds, certificates of deposit (CDs), preferred stock and collateralized securities (such as CDOs and CMOs).
(Read more: http://www.investopedia.com/terms/s/security.asp#ixzz2HTfzh6Id)
Synonyms:
guaranty, surety
