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A certificate of indebtedness by a corporation is a formal document that represents a loan or debt obligation the corporation has to the holder. It typically outlines the terms of the debt, including the principal amount, interest rate, repayment schedule, and any covenants or conditions associated with the indebtedness. This certificate serves as evidence of the corporation's obligation and can be used by the holder as proof of their claim to receive payments from the corporation.

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3d ago

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