Debt
Debt is an obligation that requires one party, the debtor, to pay money borrowed or otherwise withheld from another party, the creditor. Debt may be owed by a sovereign state or country, local government, company, or an individual. Commercial debt is generally subject to contractual terms regarding the amount and timing of repayments of principal and interest. Loans, bonds, notes, and mortgages are all types of debt. In financial accounting, debt is a type of financial transaction, as distinct from equity.
Read Full WikiDEFINITIONS
- nounAn action, state of mind, or object one has an obligation to perform for another, adopt toward another, or give to another.
- nounThe state or condition of owing something to another.
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TV Shows
- Love's Debt
A former mobster, now a young successful businessman Sampo accidentally meets a young and naive K... - Life or Debt
Three quarters of Americans are living paycheck to paycheck with no cushion for the unexpected. A... - New House No Debt
New House No Debt follows the highly personal and emotional journeys of homeowners from ac...
Media & Art
Paying Off Old Debts
We Shall Fulfill the Country's Coal Debt (Vernem ugol’nyi dolg strane)
Abuse of article 214 of the civil law. “My lady wife, you let me want for everything, you only allow me a miserable pension of three thousand francs, you throw me out of your door like a beggar, and, what is more, you want to drive me away from Paris, exile me, deport me!... No! No! I won't leave France! I won't! I won't!!... Listen, I owe my friend Bertrand 10'000 Fr., it's a gambler's debt, a debt of honor, I owe my cook 525 Fr. and ten francs for my chambers, a total of 10'535 Fr. Let me have a few thousand francs more to take my mind off my domestic worries and, on my word of honor, I won't pester you any longer,” plate 50 from Caricaturana
