Etymology & Historical Origin - Millicent. Millicent is a name adopted by the English from the Norman-French after the Conquest of 1066. Introduced as Milisende, the Old French (Frankish) form of the Germanic Amalswinthe, the name is ultimately derived from the elements âamalâ meaning âwork, laborâ and âswinthâ meaning âstrengthâ.
Debt Issue. What is a 'Debt Issue'. A debt issue is a fixed corporate or government obligation, such as a bond or debenture. A debt issue is a financial obligation that allows the issuer to raise funds by promising to repay the lender at a certain point in the future and in accordance with the terms of the contract.
Bonds are debt securities. Bond investors are lenders; bond issuers are borrowers. To issue a bond is to borrow money from investors for a fixed term at a fixed interest rate. At the end of the term, the issuer returns the principal portion of the loan. Principal is typically $1000 per bond, or some multiple thereof. This is also known as a bond's face value.