debt instrument
noun[C]
FINANCE,ECONOMICSukusatypeofdebt, such as abond, that isofferedas aninvestmentand thatincludesa writtenpromisetopayback theinvestorby aparticulartime:
Up to 35% of the Fund’sassetsmay beinvestedinshort-termdebtinstrumentstomeetanticipatedday-to-dayoperatingexpenses.