Medical economics

Does health insurance improve individuals' financial well-being?

U.S. consumers hold trillions of dollars in debt, but they hold it very unevenly. "If you work with credit data and outcomes in the U.S., you see this tremendous variation both across states and within states," says Paul ...

Psychology & Psychiatry

Q&A: Study shows how debt affects relationship quality

There are a lot of factors that go into building a successful relationship, and money is one of the key aspects. Researchers have conducted all sorts of studies on how household finances affect a couple's relationship. But ...

Diseases, Conditions, Syndromes

COVID-19 begins to exact toll on Cambodian farming

While Cambodia has been less affected by the health impacts of COVID-19, there are fears that smallholder farms will be hit hard during the wet season that runs from June to September as the fallout from restrictions and ...

Diseases, Conditions, Syndromes

WHO troubled by 'near-exponential' growth of pandemic

The World Health Organization said Wednesday it was deeply concerned about the near-exponential escalation of the new coronavirus pandemic, with the number of deaths doubling in a week.

Other

Nobel season opens with Medicine Prize

The announcement of the Nobel Medicine Prize on Monday opens an unusual 2019 Nobel season in which two literature laureates will be crowned after a scandal postponed last year's award, amid speculation Greta Thunberg could ...

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Debt

A debt is an obligation owed by one party (the debtor) to a second party, the creditor; usually this refers to assets granted by the creditor to the debtor, but the term can also be used metaphorically to cover moral obligations and other interactions not based on economic value.

A debt is created when a creditor agrees to lend a sum of assets to a debtor. Debt is usually granted with expected repayment; in modern society, in most cases, of the original sum plus interest.

In finance, debt is a means of using anticipated future purchasing power in the present before it has actually been earned. Some companies and corporations use debt as a part of their overall corporate finance strategy.

This text uses material from Wikipedia, licensed under CC BY-SA