Debt

RECENT NEWS
Financial Times  52 min ago  Comment 
Triple-C paper offers its narrowest spread over Treasuries for four years
Reuters  5 hrs ago  Comment 
Greece's Piraeus Bank is monitoring debt capital markets to spot a window of opportunity for a debt issue as part of its capital enhancement plan, its chief executive told Reuters on Wednesday.
WA Business News  7 hrs ago  Comment 
Gold Corporation chairman Don Mackay-Coghill has launched a broadside against the loose monetary policy of central banks in the past decade, warning it has inflated a big bubble.
Channel News Asia  7 hrs ago  Comment 
Asian shares ticked lower on Wednesday and the euro held at six-week lows as Italy's mounting debt and Rome's budget plan set it on a collision course with the European Union.
Financial Times  Oct 2  Comment 
Blockbuster issue raises $27bn after attracting orders of $88bn
The Economic Times  Oct 2  Comment 
With Monday’s NCLT order on IL&FS, the risk premium charged by lenders to companies should also reduce.




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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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