f u r t h e r f e at u r e s o f c o m pa n y a c c o u n t s the other. I will run through some of the more common types you are likely to encounter. Debt Wingate had two types of debt ­ an overdraft and a loan. Both of these were provided by the bank. Most of the debt of small and medium-sized companies is provided in one of these two forms by banks. Larger companies, however, often `issue' debt to individual investors or big institutions such as pension funds or insurance companies. This means that the investor provides cash to the company in return for a cer- tificate saying that the company will pay a certain interest rate on the loan and will repay the loan on a certain date. There are often other conditions attached. This kind of debt has many different descriptions, the most common being loanstock, notes, or bonds. Don't worry about the word