Debt

RECENT NEWS
Clusterstock  3 hrs ago  Comment 
We are now living in a world where interest rates are super-low, even negative in some cases, across some of the richest nations. This means it is cheaper for people and governments to service their debts while also promoting spending. The...
The Australian  10 hrs ago  Comment 
The struggling miner has narrowed losses but flagged debt renegotiations amid ongoing weakness in rare earth prices.
The Times of India  Sep 28  Comment 
Greek Prime Minister Alexis Tsipras said on Wednesday he expected a positive outcome to discussions on debt relief for the country this year. Greece's debt pile corresponds to 176 percent of its national output. Lenders have promised to look at...
Financial Times  Sep 28  Comment 
Bonds boosted by Venezuelan group’s new proposal of $5.3bn deal
Financial Times  Sep 27  Comment 
Private equity groups TPG and Apollo surrender $1bn stake in publicly traded casino group
The Economic Times  Sep 27  Comment 
As part of the agreement with lenders, Lanco Anpara (2X600 mw) will be put on sale and the proceeds will be used to complete unfinished power projects.
The Economic Times  Sep 27  Comment 
Looking at this trend, distributors believe other prominent companies too are likely to reduce rates in the coming month. 




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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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