Final answer:
A loan receivable is not a debt security. Debt securities are typically in the form of bonds, commercial paper, or other financial instruments that represent a loan made by an investor to a borrower. Loans receivable, on the other hand, represent loans made by the lender directly to the borrower.
Step-by-step explanation:
A loan receivable is not a debt security. Debt securities are typically in the form of bonds, commercial paper, or other financial instruments that represent a loan made by an investor to a borrower. Loans receivable, on the other hand, represent loans made by the lender directly to the borrower. While both debt securities and loans receivable involve lending money, loans receivable are not typically bought and sold on financial markets like debt securities.