Debt

1. That which is owed to another, usually money.

2. From the perspective of the borrower, finance from borrowing, rather than from investment by equity shareholders.

3. From the perspective of a lender or investor in debt, an investment in the obligations of the borrower.

See also

• Advance
• Convertible debt
• Debenture
• Debt capacity
• Debt for equity swap
• Debt service ratio
• Entity
• Equity
• Junior debt
• Lead
• Leverage
• Leveraged takeover
• Loan
• Loan relationship
• Long-term debt
• Obligation
• Rescheduling
• Senior debt
• Subordinated debt
• Unsecured debt