Question:
Debts which have to be paid at some specific future date are known as:
Debts which have to be paid at some specific future date are known as:
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Understand the definition of redeemable debts.
Updated On: Jan 17, 2026
- Redeemable Debts
- Irredeemable Debts
- Treasury
- Amortization
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The Correct Option is A
Solution and Explanation
Redeemable debts are those that must be repaid at a specific future date, typically with interest. This term is used for debts that are not perpetual and must be settled at a predetermined time. Thus, the correct answer is (a).
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