Debt

RECENT NEWS
Reuters  Jul 28  Comment 
Noble Group is slimming down drastically to its core Asian coal-trading business, but that may not be enough to revive its fortunes due to a staff exodus, shrunken balance sheet and debts of more than $3 billion, analysts and industry sources say.
Financial Times  Jul 27  Comment 
Fairytale outlook may turn out to be a Cinderella moment
Wall Street Journal  Jul 27  Comment 
Treasury Secretary Steven Mnuchin told lawmakers he has “no intent” to prioritize certain government payments and delay others if Congress fails to raise the federal borrowing limit.
Reuters  Jul 27  Comment 
Noble Group is slimming down drastically to its core Asian coal-trading business, but that may not be enough to revive its fortunes due to a staff exodus, shrunken balance sheet and debts of more than $3 billion, analysts and industry sources say.
Financial Times  Jul 27  Comment 
London-based miner resumes payout 6 months earlier than expected
SeekingAlpha  Jul 27  Comment 




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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