Debt

RECENT NEWS
Forbes  1 hr ago  Comment 
The federal debt has been on the rise since President Nixon decoupled the dollar from the gold standard in 1971. Learn how and why this opened Pandora's 'Money' Box. We'll also examine how much the debt rose during various periods (from 1966 until...
The Hindu Business Line  7 hrs ago  Comment 
Forensic audits may result in more borrowers being declared ‘wilful defaulters’
StreetInsider.com  8 hrs ago  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Net+Element+%28NETE%29+Reports+Debt+Exchange+with+Crede+CG+III/9844254.html for the full story.
SeekingAlpha  11 hrs ago  Comment 
By The Value Investor: Phibro Animal Health (NASDAQ:PAHC) reported a solid set of fourth quarter results which have been accompanied by a solid outlook for the upcoming fiscal year, pleasing investors in the company. Shares have seen a nice...
Wall Street Journal  Sep 18  Comment 
The Justice Department has been unable to recover $97 billion arising from enforcement actions and other criminal cases, an amount that has tripled since 2004.
DailyFinance  Sep 17  Comment 
A.M. Best has assigned a debt rating of “bbb+” to the forthcoming 40-year, $150 million 6.25% subordinated debentures of American Financial Group, Inc. (AFG) (Cincinnati, OH) (NYSE:AFG). The assigned outlook is stable....
The Economist  Sep 17  Comment 
DEBT forgiveness, and the redesign of debt contracts to involve more risk-sharing, is the answer to the problem of recurrent financial crises. That is the argument of two economists, Atif Mian and Amir Sufi, in their book "House of Debt" (our Free...




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.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki