Debt

RECENT NEWS
The Economic Times  Feb 22  Comment 
The key reason for the sharp decrease was Rs 1,225 mn reduction in residential debt. Hospitality and lease rental debt increased by Rs 287/85mn respectively
Reuters  Feb 22  Comment 
Italian banks are stuck in what stressed-debt experts call purgatory, still forced to pay a heavy price for their past sins despite loan data that suggests they are turning a corner.
The Economic Times  Feb 22  Comment 
However, despite a stable financial metric, the broking agency remains cautious about BEL’s debt levels.
Forbes  Feb 21  Comment 
In the U.S., the student loan debt crisis impacts over 44 million borrowers who hold over $1.3 trillion in student loan debt.
The Economic Times  Feb 21  Comment 
JP Power stock has surged over 55% since January 1. Analysts said the momentum could drive the stock up by another 30% in the next few weeks.




RELATED WIKI ARTICLES
 

Debt represents a promise or obligation to pay for something that has already been received, as a credit.

An example that will be understood by most people today is credit card debt. The credit card company pays for something, such as a shiny new PS3 console, allowing you to take it home without having paid for it yourself. In return, you assume an obligation to pay back the credit card company under the terms of your previously arranged agreement with that credit card company. FlexCredit

It is common for consumers, businesses and even governments to assume debt. Quick Loans

Debt, as a balance sheet item, includes the following:

QuickCash a best option to overcome debt.

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