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.

See also

• Bond (finance)
• Credit
• Credit repair
• Debt consolidation
• Default (finance)
• Derivative (finance)
• Domestic debt
• External debt (foreign debt)
• Financial markets
• Global debt
• Government debt (public debt)
• Interest
• List of finance topics
• Personal debt (household debt)
• Triple deficit
• Usury
• Thomson Financial league tables
• Time value of money