certificate of indebtedness

noun

1. a short-term, negotiable, interest-bearing note representing indebtedness.

Example Sentences

The move, known as a certificate of indebtedness, is one the state has used repeatedly to cover bills when cash is expected to run low.

From Seattle Times

Bonds, certificates of indebtedness, War Savings Certificates, and Thrift Stamps issued by the Treasury up to March 12 totaled $8,560,802,052.96.

From Project Gutenberg

The result of all efforts to treat certificates of indebtedness as personal property are hardship to debtors and apparent fraud on the part of many creditors.

From Project Gutenberg

Also, when property was seized for the use of the army, the owners were given certificates of indebtedness which entitled the holders to payment at the United States Treasury.

From Project Gutenberg

The object and purpose of the law was to secure to persons of limited means an opportunity to purchase, at par, certificates of indebtedness bearing four per cent. interest.

From Project Gutenberg