Certificates of indebtedness sold to raise long-term funds for a corporation or government agency are known as _____.

Those are corporate- or government-"bonds".

Answered by AL2006 | 2024-06-10

Certificates of indebtedness sold by corporations or government agencies to raise long-term funds are called bonds. Bonds represent a loan made by investors to borrowers, typically involving regular interest payments and a return of the principal at maturity. They are an essential method for funding projects and managing expenses in both private and public sectors.
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Answered by AL2006 | 2024-12-23