The Hindu Business Line  4 hrs ago  Comment 
Adhunik Metaliks Ltd has informed the stock exchanges that the CDR Empowered Group has sanctioned a composite debt restructuring plan. It also said the debt restructuring would extend to Orissa Ma...  6 hrs ago  Comment 
Car breakdown service also plans to refinance more expensive loans and to pay first dividend, totalling £50m, in current financial year The AA is planning to raise £200m from shareholders as part of a broader plan to reduce its huge debts and...  Mar 24  Comment 
Finance minister Natalie Jaresko wants to see debt cut and interest on remainder reduced so Ukraine can move towards stability Ukraine could be forced into a damaging default unless talks to restructure its debts are concluded successfully and...
The Economic Times  Mar 24  Comment 
In the utility business, when you amass more amount of debt, the servicing part also become real tricky, points out Choksey in an interview to ET Now.
Clusterstock  Mar 24  Comment 
Britons' debts are creeping up again as the nation is "falling back in love with borrowing," said accountancy giant PricewaterhouseCoopers (PwC).  According to the firm's latest report "Precious Plastic 2015," the average UK household will...
New York Times  Mar 23  Comment 
Prime Minister Alexis Tsipras and Chancellor Angela Merkel tried to calm relations between their countries ahead of attempts to find a deal on Greek debt.
Reuters  Mar 23  Comment 
Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel put on a public display of mutual goodwill on Monday, appealing to Greeks and Germans to set aside recrimination and national stereotypes and work for a better European future.
The Hindu Business Line  Mar 23  Comment 
Proposal may not go down well in Opposition-ruled States
The Economic Times  Mar 23  Comment 
The new norms will be notified soon by Sebi pursuant to the approval from its board yesterday.


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:

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