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Debt information


Payday loan businesses lend money to customers, who then owe a debt to the payday loan company.

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 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.[1] Loans, bonds, notes, and mortgages are all types of debt. In financial accounting, debt is a type of financial transaction, as distinct from equity.

The term can also be used metaphorically to cover moral obligations and other interactions not based on a monetary value.[2] For example, in Western cultures, a person who has been helped by a second person is sometimes said to owe a "debt of gratitude" to the second person.

  1. ^ Superior Court of Pennsylvania (1894). "Brooke et al versus the City of Philadelphia et al". Weekly Notes of Cases Argued and Determined in the Supreme Court of Pennsylvania, the County Courts of Philadelphia, and the United States District and Circuit Courts for the Eastern District of Pennsylvania. 34 (18). Kay and brother: 348.
  2. ^ "debt". Oxford English Dictionary (Online ed.). Oxford University Press. (Subscription or participating institution membership required.)

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Debt

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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...

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National debt of the United States

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The national debt of the United States is the total national debt owed by the federal government of the United States to Treasury security holders. The...

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List of countries by external debt

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This is a list of countries by external debt: it is the total public and private debt owed to nonresidents repayable in internationally accepted currencies...

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Government debt

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government debt (also called public debt, or sovereign debt) is the financial liabilities of the government sector.: 81  Changes in government debt over time...

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Technical debt

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development and other information technology fields, technical debt (also known as design debt or code debt) is the implied cost of future reworking required when...

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List of countries by government debt

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countries by government debt. Gross government debt is government financial liabilities that are debt instruments.: 81  A debt instrument is a financial...

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Debt ratio

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Debt ratio is a financial ratio that indicates the percentage of a company's assets that are provided via debt. It is the ratio of total debt (short-term...

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Debt collection

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specializes in debt collection is known as a collection agency or debt collector. Most collection agencies operate as agents of creditors and collect debts for a...

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External debt

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A country's gross external debt (or foreign debt) is the liabilities that are owed to nonresidents by residents.: 5  The debtors can be governments, corporations...

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Subordinated debt

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subordinated debt (also known as subordinated loan, subordinated bond, subordinated debenture or junior debt) is debt which ranks after other debts if a company...

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Venture debt

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Venture debt or venture lending (related: "venture leasing") is a type of debt financing provided to venture-backed companies by specialized banks or non-bank...

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Debt crisis

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Debt crisis is a situation in which a government (nation, state/province, county, or city etc.) loses the ability of paying back its governmental debt...

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Debt bondage

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Debt bondage, also known as debt slavery, bonded labour, or peonage, is the pledge of a person's services as security for the repayment for a debt or other...

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Debt relief

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Debt relief or debt cancellation is the partial or total forgiveness of debt, or the slowing or stopping of debt growth, owed by individuals, corporations...

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Debt restructuring

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renegotiate its delinquent debts to improve or restore liquidity so that it can continue its operations. Replacement of old debt by new debt when not under financial...

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Debt of Bones

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Debt of Bones is a short novel by Terry Goodkind. It was first published in the August 1998 anthology Legends then later published as a stand-alone book...

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Debt capital

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Debt capital is the capital that a business raises by taking out a loan. It is a loan made to a company, typically as growth capital, and is normally repaid...

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Debt deflation

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Debt deflation is a theory that recessions and depressions are due to the overall level of debt rising in real value because of deflation, causing people...

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European debt crisis

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The European debt crisis, often also referred to as the eurozone crisis or the European sovereign debt crisis, was a multi-year debt crisis that took...

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External debt of India

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The external debt of India is the debt the country owes to foreign creditors. The debtors can be the Union government, state governments, corporations...

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Debt Exchange

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The Debt Exchange, Inc. (also known as DebtX), is an American specialty finance company. It is one of the world's largest loan sale advisers for the sale...

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National Debt Clock

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Debt Clock is a billboard-sized running total display that shows the United States gross national debt and each American family's share of the debt....

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Global debt

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2022[update], global debt was the equivalent of 305 trillion USD. This including debt by both public and private debtors. The total external debt owed by public...

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Bad debt

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In finance, bad debt, occasionally called uncollectible accounts expense, is a monetary amount owed to a creditor that is unlikely to be paid and for which...

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Circular debt

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Pakistan, circular debt is a public debt which is a cascade of unpaid government subsidies, which results in accumulation of debt on distribution companies...

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Unsecured debt

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In finance, unsecured debt refers to any type of debt or general obligation that is not protected by a guarantor, or collateralized by a lien on specific...

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Odious debt

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In international law, odious debt, also known as illegitimate debt, is a legal theory that says that the national debt incurred by a despotic regime should...

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Internal debt

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debt or domestic debt is the component of the total government debt in a country that is owed to lenders within the country. Internal government debt...

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