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straight debt

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Financial Dictionary

straight debt

Debt that cannot be exchanged for another asset. Because most bonds are not convertible, they are examples of straight debt. See also convertible security.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
Cite This Source
Debt Settlement USA
Get A Free Quote Now! No Cost Or Risk. Apply Online Today
www.DebtSettlementUSA.com/CA
Debt Bailout Program
NOT Bankruptcy, NOT Consolidation, NOT Counseling, NOT Settlement
www.DebtBailouts.com
Search another word or see straight debt on Thesaurus | Reference
Obama's Loan Modification
Do You Qualify? Find Instantly. 9 Million Homeowners Can Benefit.
www.HBCNews.com
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