The physical collateral for the national debt is all public land. National Parks, State Parks, Bureau of Reclamation Lands and Forest Service Lands.
A leveraged buyout (LBO) involves acquiring a company using a significant amount of debt to finance the purchase. The acquired company's assets are often used as collateral for the debt, and the buyer aims to increase the company's profitability to repay the debt and generate returns for investors. LBOs can be risky due to the high debt levels involved.
Ammonia clock invented in 1948 by US National Bureau of Standards.
Physical properties describe characteristics of a substance that do not involve a change in its chemical composition, such as color or density. Physical changes, on the other hand, refer to alterations in the substance's physical state, like melting or boiling.
No, it is not a verb. It can be an adjective, or a noun (physical exam).
Pain is both a physical and subjective experience. The physical aspect involves the transmission of signals through the nervous system, while the perception of pain is influenced by emotional, psychological, and cognitive factors. It is a complex phenomenon that involves both physical and non-physical components.
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.
Secured debt is a type of loan that is backed by collateral, such as a house or a car. If the borrower fails to repay the loan, the lender can take possession of the collateral to recover the debt. An example of secured debt is a mortgage, where the house serves as collateral for the loan.
Yes, credit card debt is unsecured, which means it is not backed by collateral.
Lying alongside a debt
Lying alongside a debt
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* An unsecured debt, generally, is a debt that is not backed by collateral. For instance a car loan is secured by the security interest the lender has in the car. A credit card which is not backed by collateral is not secured by collateral therefore it is an unsecured debt. Generally, yes a creditor can sue for unsecured debt, the creditor just doesn't have any interest in the good that formed the basis of the loan.
Secure debt is typically backed by collateral, meaning that the lender has a claim on specific assets if the borrower defaults. Common examples include mortgages, where the property serves as collateral, and auto loans, where the vehicle is the secured asset. This type of debt generally has lower interest rates compared to unsecured debt because it poses less risk to the lender. In contrast, unsecured debt, like credit card debt, does not have collateral backing it.
the national debt was something used to create national debt
I'm not certain why any sane person would believe or even repeat this. Which may explain why it has been asked.
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What was the national debt in 2003?