________ is a debt instrument that enables the issuer (borrower) to raise capital by promising to repay the principal along with interest on a specified date (maturity).

Question

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A bond is a debt instrument that enables the issuer to raise capital by promising to repay the principal along with interest on a specified date, which is the maturity date. Bonds are commonly issued by companies and governments as a means of financing their operations or specific projects. The investors who buy the bonds become creditors of the issuer and receive regular interest payments until the bond reaches maturity, when they receive the principal amount back.

________ Is a Debt Instrument That Enables the Issuer (Borrower)