Debt

RECENT NEWS
Forbes  4 hrs ago  Comment 
Although FICC revenues saw a notable improvement in the first quarter of the year, the sharp decline in Q2 indicates that most of the Q1 gains were due to the seasonal nature of the global debt industry.
Wall Street Journal  5 hrs ago  Comment 
Germany paid no return at an auction of a new series of two-year debt, in a sign that the search for havens remains a priority for investors.
Yahoo  11 hrs ago  Comment 
President Cristina Fernandez on Tuesday unveiled legislation that seeks to push bondholders to swap defaulted debt for new notes governed by Argentine law, a move aimed at skirting a U.S. Argentina slid into default last month after a New York...
WA Business News  Aug 20  Comment 
Civil contracting and mining services firm NRW Holdings has recorded a 40.3 per cent fall in full-year profit to $44.2 million, with a $251.3 million drop in revenue to $1.1 billion.
The Australian  Aug 20  Comment 
FORTESCUE has lifted its full-year profit by more than 50pc as the iron ore miner ramps up its debt repayments and flags lowers costs in the year ahead.
DailyFinance  Aug 19  Comment 
WICKENBURG, AZ -- (Marketwired) -- 08/19/14 -- Mining Global, Inc. (PINKSHEETS: MNGG) announced today that is has made significant progress on reducing its overall debt structure. "Through a combination of due diligence and fruitful negotiations...
Financial Times  Aug 19  Comment 
Banks in the eurozone periphery showed the sharpest falls in issuance, with July volumes declining to less than half what they were a year previously
BBC News  Aug 19  Comment 
Three Jersey-registered companies are named in the fallout over stricken Portuguese lender Banco Espirito Santo.




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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