Certificate of indebtedness

certificate of indebtedness investment & finance definition
A United States Treasury debt obligation with an original maturity of one year or less and a fixed coupon rate of interest.

The "Certificate of Indebtedness" is a Treasury security that does not earn any interest and has no fixed maturity. It can only be held in a TreasuryDirect account and bought or sold directly though the Treasury.

Bond
A certificate of indebtedness issued by a governmental unit or a corporation, promising to repay borrowed money to the lender at a fixed rate of interest and at a specified time.
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A Bond is a certificate of indebtedness issued by a government entity or a corporation, which pays a fixed cash coupon at regular intervals. The coupon is paid on the face value of the bond, which is usually one thousand dollars.
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A financial instrument consisting of a promise to pay rather than an order to pay or a certificate of indebtedness.
Notice day:
Any day on which notices of intent to deliver on futures contracts may be issued.

See also: Certificate, Investment, Held, Issue, Interest