Marketable Debt: Debt instruments for which there exists a secondary market where the instrument can be bought and sold by investors after it is issued.
For example, the growing use in international financial markets of marketable debt instruments, principally in the eurobond market, as opposed to traditional bank lending, as a financing vehicle for major corporate borrowers, ...
As defined by the Office of the Comptroller of the Currency (OCC) (12 CFR 1), a marketable debt obligation that is not predominantly speculative in nature. A security is not predominantly speculative in nature if it is rated investment grade.
Savings Bonds: Non-marketable debt securities issued by the U.S. Treasury Department that are backed by the full faith and credit of the federal government.
See also: Banks, Bills, Risk tolerance, Management fee, Price fluctuation
 
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