A debt instrument indicating that a corporation has borrowed a certain amount of money and promises to repay it in the future under clearly defined terms is called a

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A corporate bond is a debt instrument issued by a corporation to borrow money from investors. The corporation promises to repay the principal amount along with interest at a fixed rate and within a specific time frame. The terms of repayment and other contractual obligations are stated in the bond indenture, which is a legal document specifying the terms and conditions of the bond issuance. Discount bonds are issued at a price below the face value and do not pay interest, while treasury bonds are issued by the government and are backed by its creditworthiness.

A Debt Instrument Indicating That a Corporation Has Borrowed a Certain