The Economic Times  Jun 3  Comment 
The Group has on a consolidated basis failed to repay Rs 2,905.6 crore in principal amount to banks and another Rs 1,558.93 crore crore in interest payments.
The Economic Times  Jun 3  Comment 
Moody's report said that RCom continues to have a strained liquidity profile, with the company reliant on recurring covenant waivers to its high leverage.
Clusterstock  Jun 3  Comment 
The amount of debt globally yielding below zero has passed $10 trillion (£6.9 trillion) for the first time in history, thanks to a combination of "unconventional monetary policies, regulatory risk mitigation by banks, and a flight to safety in...
The Hindu Business Line  Jun 3  Comment 
BSE will auction investment limits for overseas investors on Monday for the purchase of government debt securities worth Rs 4,046 crore.The auction will be conducted on BSE’s e-bidxchange platform fr...
Financial Times  Jun 3  Comment 
Sovereign paper with sub-zero yield up 5% month on month, buoyed by rising prices
Clusterstock  Jun 2  Comment 
A 'hidden debt scandal' might crush one of the world's poorest countries Join the conversation about this story » NOW WATCH: Doctors now say this type of cancer isn’t actually cancer — and the new classification is...
Forbes  Jun 2  Comment 
Leveraged loans backing Chemours Co. dipped in the secondary market while the company's high yield bonds edged off lows hit this morning after Citron Research released a report in which it called Chemours “a bankruptcy waiting to happen”...
New York Times  Jun 2  Comment 
Protections are coming from a consumer agency that likens the lending to “getting into a taxi just to ride across town and finding yourself stuck in a ruinously expensive cross-country journey.”


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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