New York Times  20 min ago  Comment 
The government said it stopped making contributions to a fund that would pay an additional $13 billion in bond debt.  2 hrs ago  Comment 
NIESR claims that a haircut of 55% on Greek debt is needed to give the country a chance of reducing its debt to 120% of GDP Greece’s economy will suffer fresh damage from the austerity measures demanded by its creditors and will remain stuck in...
SeekingAlpha  4 hrs ago  Comment 
MarketWatch  7 hrs ago  Comment 
People iving in Mississippi, Rhode Island and Connecticut are feeling the burden of their college debt a lot more than people living in Utah, Wyoming and North Dakota.
The Australian  11 hrs ago  Comment 
It is shaping up as a cruel northern summer for debt investors betting on a rebound in the oil and gas sector.
The Economic Times  Aug 4  Comment 
The company is focusing purely on its core financial services businesses, significantly reducing exposure to non-core investments in the media and entertainment sector.
New York Times  Aug 3  Comment 
Puerto Rico, like Greece, is experiencing problems with debt, but the island’s relationship to the United States makes its situation very different.
Benzinga  Aug 3  Comment 
Wall Street Journal  Aug 3  Comment 


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.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki