Debt

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Motley Fool  10 hrs ago  Comment 
Is there really such a thing as good debt? Absolutely -- if taken in moderation.
The Hindu Business Line  Feb 24  Comment 
China’s monetary policy will be “prudent and neutral” this year which will prevent a rapid rise in debt levels, asset bubbles and keep growth on the track of the world’s second largest economy, the c...
The Economic Times  Feb 24  Comment 
In the last couple of years, the mutual fund industry saw two instances of debt schemes' NAVs falling sharply in a day following credit rating downgrades.
Financial Times  Feb 23  Comment 
Media group can redeem bonds if White House axes interest payment deductions
Financial Times  Feb 23  Comment 
Move would mark shift for market that has avoided maturities of longer than 30 years
Reuters  Feb 23  Comment 
China's monetary policy this year will contain risks posed by debt, prevent asset bubbles and keep economic growth on track, the central bank's chief economist said on Thursday.




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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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