Search results
Results from the WOW.Com Content Network
The English term "debt" was first used in the late 13th century and comes by way of Old French from the Latin verb debere, "to owe; to have from someone else." [3] The related term "debtor" was first used in English also in the early 13th century.
Unsecured debts are sometimes called signature debt or personal loans. [2] These differ from secured debt such as a mortgage , which is backed by a piece of real estate. In the event of the bankruptcy of the borrower, the unsecured creditors have a general claim on the assets of the borrower after the specific pledged assets have been assigned ...
Cambridge Advanced Learner's Dictionary 3rd Edition CD-ROM. The Cambridge Advanced Learner's Dictionary (abbreviated CALD) is a British dictionary of the English language. It was first published in 1995 under the title Cambridge International Dictionary of English by the Cambridge University Press. The dictionary has over 140,000 words, phrases ...
Cambridge Advanced Learner's Dictionary: Cambridge University Press: 2003 [3] 4th (ISBN 9781107619500) 2013 (24.06) 1,856 140,000 British: Collins COBUILD Advanced Dictionary: Collins Cobuild: 1987 10th (ISBN 978-0008444907) 2023 (13.04) 1,920 British: Longman Dictionary of Contemporary English: Pearson-Longman: 1978 6th (ISBN 9781447954194 ...
A debt management plan can be extremely helpful in your efforts to overcome debt. You might be a good candidate if you: Have multiple high-interest, unsecured debts such as credit cards or ...
The recipient, or borrower, incurs a debt and is usually required to pay interest for the use of the money. The document evidencing the debt (e.g., a promissory note ) will normally specify, among other things, the principal amount of money borrowed, the interest rate the lender is charging, and the date of repayment.
In finance, bad debt, occasionally called uncollectible accounts expense, is a monetary amount owed to a creditor that is unlikely to be paid and for which the creditor is not willing to take action to collect for various reasons, often due to the debtor not having the money to pay, for example due to a company going into liquidation or insolvency.
AOL Mail welcomes Verizon customers to our safe and delightful email experience!