A ________ is a short-term debt security with a maturity of five (5)years or less.

Question

Quizplus · Accepted Answer

A note is a short-term debt security with a maturity of five years or less. Debentures and bonds are long-term debt securities with maturities of more than five years. A promissory note is a written promise to repay a debt, but it is not a security. Primogeniture is the practice of the firstborn son inheriting the family's property and title.

A ________ Is a Short-Term Debt Security with a Maturity