Esoteric Debt

Business, Legal & Accounting Glossary

  1. Home
  2. Glossary
  3. Define: Esoteric Debt

Definition: Esoteric Debt

Esoteric Debt
Cite Term
Sources

Full Definition of Esoteric Debt

Complex investment vehicles offered to a unique group of participants. The values are difficult to determine because of their unique structures and pricing. For example, credit default swap derivatives that led to the US financial crisis in 2008 were considered esoteric debt.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/esoteric-debt/
Modern Language Association (MLA):
Esoteric Debt. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/esoteric-debt/.
Chicago Manual of Style (CMS):
Esoteric Debt. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/esoteric-debt/ (accessed: April 19, 2024).
American Psychological Association (APA):
Esoteric Debt. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/esoteric-debt/

Definition Sources

Definitions for Esoteric Debt are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.