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What does debt mean?

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Answered 2014-09-22 20:45:57

A sum of money owned by you or the bank

A "debt" is money, or some object, or perhaps even a favor, which you owe somebody. For example: if somebody lends you a certain amount of money, you promise to give it back, but you didn't give it back yet, then you are said to have a "debt". and then poo

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That u payed your debt in full

its when you are in debt and you come out of debt when you get money.

Subject to debt means that you are subject to being in debt. This is usually in reference to something being dependent on you being in debt.

Secured debt is a debt that is guaranteed by the use of collateral. If the debt is not repaid, the creditor has the right to take the collateral from the borrower.

what does debt mean in spanish?it means you should. it does not mean debt as in a credit card. in spanish that word means should. so remember it means should...............

The debt will be paid from your estate. If there isn't enough, then the debt is discharged. The debt itself will not pass on to next of kin but a sizable debt might mean none of the deceased's estate does either.

To be in debt or bankrupt

It is an obsolete term for debt.

Credit debt reduction refers to the process of trying to reduce someone's debt through various means, such as renegotiating debt repayments, debt forgiveness, reduced interest rates, or eliminating late fees.

It means to buy peoples bills from a companies then you can collect the debt that they owe and charge interest

I'm assuming you mean a high credit score, which is determined by 35% debt payment history, 30% debt levels, 15% length of debt, 10% new debt, and 10% type of debt. So, a high credit score can mean that you do owe money and have a good history of paying it on time, but it can still be high even if you recently eliminated all your debt.

It means that the person's debt is equivalent to 99 percent of their [annual] income.

I think the question should be 'buy bad debt'. You buy bad debts at a deep discount and make money when the debt was actually paid.

If you mean (for example) to go on holiday - then there's no reason why not. If, however, you mean to escape paying back the debt - many countries have agreements with each other to recover a persons debt no matter which country they emigrate to.

Debt consolidation is a refinanced loan with extended repayment terms. Extended repayment terms mean you'll be in debt longer. A lower interest rate isn't always a guarantee when you consolidate. Debt consolidation doesn't mean debt elimination debtredemption.

to pay off your debt, claim or contrat

A persons wages are garnished when they owe a debt. The debt collector had to go to court and a judge had to issue a garnishment.

Under South Carolina law, debt that is incurred during a marriage is presumed to be marital debt. This would mean that both spouses are legally obligated for their share of the debt, regardless of the listed individual to the debt.

Credit card negotiation is when you contact the bank and negotiate your credit card debt. This can mean negotiating a payment plan or just trying to get the overall debt reduced.

If you mean that a note to pay back the debt was signed by the debtor upon the debt being acquired, then yes. Any note that the person signs saying he or she will pay back a debt is a legally binding agreement.

The most responsibility is to manage it. Mean make a plan how will you pay the debt and what the interest will be on it. And if you have installment, then what the installment will that you can manage it and save the money for monthly investment on the <a href="">Debt Management Salary</a>.

Evil people are said to have sold their soul to the Devil. If he collects on the debt, the person loses their soul or dies.

Debt is an amount of money that has been borrowed and is supposed to be repaid (metaphorically, the term is also sometimes used to refer to other obligations; you saved my life, therefore I owe you a debt of gratitude). A debtor is a person who owes a debt. The person to whom the debtor owes a debt is a lender.

It means you have money. But if you're in DEBT, you owe money.

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