disqualified debt instrument
Defined in 1 place of the United States Code.
For purposes of this subsection, the term “disqualified debt instrument” does not include indebtedness issued by a dealer in securities (or a related party) which is payable in, or by reference to, equity (other than equity of the issuer or a related party) held by such dealer in its capacity as a dealer in securities. For purposes of this paragraph, the term “dealer in securities” has the meaning given such term by section 475.
Source
- 2005–present26 U.S.C. § 163Internal Revenue Code · Interest · under this chapter
For purposes of this subsection, the term “disqualified debt instrument” means any indebtedness of a corporation which is payable in equity of the issuer or a related party.
Source
- 1997–200526 U.S.C. § 163Internal Revenue Code · Interest · under this chapter
For purposes of this subsection, the term “disqualified debt instrument” means any indebtedness of a corporation which is payable in equity of the issuer or a related party or equity held by the issuer (or any related party) in any other person.
Source
- 2005–present26 U.S.C. § 163Internal Revenue Code · Interest · under this chapter