Debt
From ACT Wiki
1.
That which is owed to another, usually money.
For the borrower, debt is a liability.
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.
For the lender or investor, debt is an asset.
See also
- Advance
- Assets
- Building a Debt IR function
- Capital
- Capital employed
- Convertible debt
- Debenture
- Debt capacity
- Debt ceiling
- Debt for equity swap
- Debt service ratio
- Default
- Entity
- Equity
- Hybrid capital
- Interest
- Investor
- Junior debt
- Lead
- Leverage
- Leveraged takeover
- Liabilities
- Loan
- Loan relationship
- Long-term debt
- Moratorium
- Non-current liabilities
- Obligation
- Pay down
- Rescheduling
- Return on capital employed
- Senior debt
- Service
- Subordinated debt
- Unsecured debt
Other links
Masterclass: The basics of borrowing, Will Spinney, The Treasurer
