Debt

RECENT NEWS
Financial Times  Sep 14  Comment 
Record-low rates have made government bonds hugely attractive to many investors — but for how long?
SeekingAlpha  Sep 14  Comment 
Agrimoney.com  Sep 14  Comment 
Major bondholders and shareholders in the former Soviet Union farm operator agree a debt-for-equity swap - with a bank deadline looming
Benzinga  Sep 13  Comment 
While the reasons vary and debt in and of itself is not an indicator of a person's character, cyclical debt is highly problematic. Unlike a single instance of debilitating debt caused by inexplicable bad fortune, cyclical debt is the yo-yo...
The Australian  Sep 13  Comment 
MarketWatch  Sep 13  Comment 
Whoever is elected president won’t get much breathing room after taking office: The government’s borrowing limit is set to run out in mid-March, potentially sparking another brouhaha with Congress.
Reuters  Sep 13  Comment 
Activist investor Carl Icahn, the third-largest shareholder in Freeport McMoran Inc , said on Tuesday he endorsed the U.S. miner's efforts to reduce debt and explore strategic...




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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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