Debt
From ACT Wiki
1. Noun.
That which is owed to another, usually money.
For the borrower, debt is a liability.
2. Borrowing.
From the perspective of the borrower, finance from borrowing, rather than from investment by equity shareholders.
3. Lending.
From the perspective of a lender or investor in debt, an investment in the obligations of the borrower.
For the lender or investor, debt is an asset.
See also
- Advance
- Alternative Credit Council (ACC)
- An introduction to debt securities
- An introduction to loan finance
- Assets
- Bad debt
- Bond
- Building a Debt IR function
- Capital
- Capital employed
- Capital structure
- Commissioner of the Public Debt
- Convertible debt
- Cost of debt
- Debenture
- Debt capacity
- Debt capital
- Debt capital market (DCM)
- Debt ceiling
- Debt for equity swap
- Debt Management Office (DMO)
- Debt security
- Debt service ratio
- Debt structure
- Debt to equity ratio
- Default
- Discharge
- Entity
- Equity
- Financial markets
- Green debt
- Hybrid capital
- Interest
- Investor
- Junior debt
- Lead
- Leverage
- Leveraged takeover
- Liabilities
- Loan
- Loan relationship
- Long-term debt
- Moratorium
- Net debt
- Non-current liabilities
- Obligation
- Pay down
- Public debt
- Rescheduling
- Return on capital employed
- Secured debt
- Security
- Senior debt
- Service
- Sovereign debt
- Statutory debt
- Subordinated debt
- Sustainable debt
- Term debt
- Unsecured debt
Other resource
Masterclass: The basics of borrowing, Will Spinney, The Treasurer
