Debts which have to be paid at some specific future date are known as:
Show Hint
- Redeemable Debts
- Irredeemable Debts
- Treasury
- Amortization
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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