Debt

RECENT NEWS
The Hindu Business Line  5 hrs ago  Comment 
While FMPs make little sense after the tax changes, open-ended debt may still score on returns
Financial Times  3 hrs ago  Comment 
Motley Fool  Jul 26  Comment 
Getting a medical degree is hard work, and expensive – but the return on investment is huge
Reuters  Jul 26  Comment 
Argentina looks set to default on its debt for the second time in 12 years next Thursday as negotiations with "holdout" investors seemingly go nowhere and neither side shows signs of blinking first, though a last minute deal can't be discounted.
The Economic Times  Jul 26  Comment 
He said the high tax rate of 20% on debt mutual funds will apply from July 11, the day after the budget was presented, and not from April 1.
DailyFinance  Jul 25  Comment 
TORONTO, CANADA -- (Marketwired) -- 07/25/14 -- BacTech Environmental Corporation ("BacTech") (CSE:BAC)(OTC:BCCEF)(WKN:A1H4TY) today announced that it has come to an agreement with holders of both the 12% convertible debenture, that matured on...
Wall Street Journal  Jul 25  Comment 
Banco Espírito Santo said it isn't currently considering reimbursing retail clients who invested $284 million in debt from its troubled parent Espírito Santo Financial Group because the obligations only expire in 2015 and 2019.
Reuters  Jul 25  Comment 
Argentina failed to reach a breakthrough with the U.S. court-appointed mediator in its battle with holdout creditors on Friday in talks that lasted just an hour, suggesting a settlement to avoid a default next week remains elusive.
SeekingAlpha  Jul 25  Comment 
By Cullen Roche: I'm continually baffled by the inability of economists to connect the dots on the causes of the financial crisis. This piece by Dean Baker essentially rejects the role of debt in the downturn, but Dean is clearly failing to...




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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