Debt

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Revision as of 23:17, 4 November 2013 by imported>Doug Williamson (Add link to Debt ceiling page.)
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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


External links

The basics of borrowing Treasurer article: www.treasurers.org