Debt

RECENT NEWS
Motley Fool  6 hrs ago  Comment 
Dying in debt can have a serious impact on your survivors, so it's better to pay if off if and while you can.
The Hindu Business Line  10 hrs ago  Comment 
Diageo-controlled liquor firm United Spirits Ltd is looking to reduce its debt by up to Rs 2,000 crore in the next two years through various measures that include sale of shares and properties earlie...
The Hindu Business Line  May 28  Comment 
Realty firm DLF’s net debt rose by nearly Rs 800 crore in January-March quarter of the last fiscal to cross Rs 22,000 crore due to slowdown in real estate sector. DLF, the country’s largest realty ...
Financial Times  May 27  Comment 
Conflict with Russia condensed into $3bn court fight
MarketWatch  May 26  Comment 
Student borrowers say they were deceived about job prospects.
Clusterstock  May 26  Comment 
Debt will get the US into a monumental pickle, or at least Lacy Hunt thinks so. Hunt, one of the leaders of Hoisington Investment Management, which manages over $4 billion, said the increasing debt among corporations and the government was going...




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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