Yes. Credit means that you have overpaid and they owe you money.
It means you owe somebody something. "I am indebted to the bank for more money than I'm worth." or "I'm indebted to you for saving my life; I hope I can repay you someday."
It means that you owe money
It means you owe them twice the amount
To be in the red is to have overspent, to be in debt, to owe money.
Money... Either you or somebody you may owe is going to get money.
Money... Either you or somebody you may owe is going to get money.
you owe somebody money and your car was used as collateral
For example, if I have 100 dollars, I have a positive amount. If I have nothing, but also owe somebody dollars, I might say that I have minus 30 dollars. If you owe somebody money, you are worse off - you have less - than if you have nothing, but no debts.
Yes. Credit means that you have overpaid and they owe you money.
It means you owe somebody something. "I am indebted to the bank for more money than I'm worth." or "I'm indebted to you for saving my life; I hope I can repay you someday."
to be in dept , to owe money or to lose money
It means you have money. But if you're in DEBT, you owe money.
It means that you owe money
If you get a refund check from a university does not mean you owe the university money. This means that the university owes you money and this is what the check is given to you for.
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People that owe you money are accounts receivable.