Economics · Public debt
What is meant by redeemable debt?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A debt that need not be repaid by the borrower.
- 2A debt or bond that must be repaid by the issuer at or before maturity.✓
- 3A debt that can never be paid back under any circumstances.
- 4A debt that is completely written off by the lender.
Correct answer
A debt or bond that must be repaid by the issuer at or before maturity.
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