Debt

RECENT NEWS
The Economic Times  4 hrs ago  Comment 
This suggests the government is relying less on long-term market borrowing as it expects improvement in revenues later.
The Hindu Business Line  12 hrs ago  Comment 
The rapid expansion of debt in many Asian economies eerily resembles the debt boom in developed economies that eventually came unstuck during the global financial crisis
SeekingAlpha  Mar 2  Comment 
The Hindu Business Line  Mar 1  Comment 
A separate watchdog will encourage foreign investment, says Jaitley, while Khan argues the RBI is doing a good job of managing debt
The Australian  Mar 1  Comment 
GREECE will prioritise debt to the IMF but repayments to the ECB are “in a different league’’.
Financial Times  Mar 1  Comment 
Anil Agarwal’s India-focused resources group responds to fall in commodities
guardian.co.uk  Feb 28  Comment 
Agency downgrades city’s credit rating as announcement puts issue of $20bn unfunded pension liabilities back to the centre of mayoral campaign Related: Rahm Emanuel faces Chicago mayoral runoff after falling short of majority Moody’s...
Forbes  Feb 28  Comment 
Al Sharpton still owes millions in taxes but seems to live a charmed life, in and out of the White House. Even Politico asked outgoing Attorney General Eric Holder if Sharpton wasn't too close. Heck no.
USAToday.com  Feb 28  Comment 
Easy credit is an everyday expression; easy savings is not.




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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