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Debt is _____. cash borrowed from a credit card account a bonus from the credit card company for being a good customer an amount of money that is owed to a bank, credit card company, store, or another individual a loan used to pay for a house, car, or another large item
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Updated 6/16/2015 12:48:36 AM
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Debt is an amount of money that is owed to a bank, credit card company, store, or another individual.
Added 6/16/2015 12:48:36 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by yumdrea [6/16/2015 12:53:05 AM]
Debt is _____. cash borrowed from a credit card account a bonus from the credit card company for being a good customer an amount of money that is owed to a bank, credit card company, store, or another individual a loan used to pay for a house, car, or another large item
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Updated 6/7/2013 12:05:30 PM
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A debt is an obligation owed by one party (the debtor) to a second party, the creditor; usually this refers to assets granted by the creditor to the debtor, but the term can also be used metaphorically to cover moral obligations and other interactions not based on economic value.
A debt is created when a creditor agrees to lend a sum of assets to a debtor. Debt is usually granted with expected repayment; in modern society, in most cases, this includes repayment of the original sum, plus interest.
Check out the link for additional details:
Added 6/7/2013 12:05:30 PM
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