Debt

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Financial Times  40 min ago  Comment 
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Good times won’t last in China’s worst-off, old-economy provinces dominated by steel and coal.
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New York Times  11 hrs ago  Comment 
Countries that have been binging on cheap dollar debt for more than a decade now face a spike in debt servicing costs and elevated debt burdens.
Reuters  Dec 6  Comment 
* Zimmer Biomet announces the pricing terms of its cash tender offers for certain outstanding debt securities
Clusterstock  Dec 6  Comment 
Bill Gross, the Janus bond guru and legendary investor, thinks that America has two imprisonment problems. The first, wrote Gross in his new monthly Investment Outlook out Tuesday, is the literal incarceration rate in the US. The second is the...




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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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