Debt
Debt is that which is owed. A person or company owing debt is called a debtor. An entity to whom debt is owed is called a creditor. Debt is used to borrow purchasing power from the future. Companies use debt as a part of their overall corporate finance strategy.
Levels and flows
Main article: debt levels and flows
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Global debt underwriting grew 4.3% year-over-year to $5.19 trillion during 2004.
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~ Table of Content ~
| ► | Introduction |
| ► | Payment |
| ► | Types of debt |
| ► | Debt, inflation and the exchange rate |
| ► | Debt ratings, risk and cancellation |
| ► | Effects of debt |
| ► | Arguments against debt |
| ► | Levels and flows |
| ► | See also |
| ► | External links |
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