What is debt-trap?

Debt Trap is a situation where you add on a new debt in order to pay an existing debt. Generally, when the firm or an individual is over leveraged all the credit sources are exhausted, the firm or individual arrives at a situation of debt trap.
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What is a pea trap?

Actually, the pea trap is not designed to catch things you mistakenly drop down the drain.     All drains lead to a sewer or septic system. The pea trap is designed to… (MORE)

How can you get out of debt?

First step is to put down everything you owe to the nearest penny. Knowing where you are makes it easier to know where you want to go. Second step is to look at any interest … (MORE)

Is Bell trap a trap?

A bell type is used for storm catch basins but they are not fool proof when the water level falls below the crown weir and thus methane or other sewer gases can escape

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What is a tax trap?

A tax trap is a tax law provision that can result from a taxpayer's loss of an otherwise available tax benefit from a transaction.

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What is a line trap?

line trap/wave trap is a equipment which trapps the high frequency communication signals sen t on line from remote substation and diverting them to the telecom/teleprotection … (MORE)

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What is brine trap?

The brine traps serve a dual purpose they prevent the cold air from reaching the bilges and thus freezing out the water in the pipes and also they prevent the bad odour from t… (MORE)