### Question
How is the "debt instrument" defined?


### Answer
The term **debt instrument** is defined in *26 U.S.C. § 1275* as follows -

> a bond, debenture, note, or certificate or other evidence of indebtedness

#### Citation:
  - *26 U.S.C. § 1275*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter P-Capital Gains and Losses > PART V-SPECIAL RULES FOR BONDS AND OTHER DEBT INSTRUMENTS > Subpart A-Original Issue Discount**

