2006-09-07 12:52:57 · 21 answers · asked by kissmefoolks 1 in Business & Finance ➔ Credit
YESSSSSSSSSSSSSSSSSSSSSSSSSSS
2006-09-07 12:54:44 · answer #1 · answered by kay2angel 4 · 0⤊ 0⤋
Yes, when you owe someone money, that is "debt" in the financial sense of the word.
You can also be indebted for non-monetary things. If you owe someone a favor, that's also considered a debt.
2006-09-07 13:28:15 · answer #2 · answered by Vadalia 4 · 0⤊ 0⤋
Yes It is. Credit card debt is when you use the plastic card too much and then you actually have to pay money to pay the bill.
2006-09-07 12:58:30 · answer #3 · answered by redunicorn 7 · 0⤊ 0⤋
Yep. Money is owed. That is debt.
2006-09-07 12:54:14 · answer #4 · answered by just browsin 6 · 0⤊ 0⤋
a million. Renegotiate with the lender to pay the debt off over an prolonged era of time. 2. Barter. provide my amenities, or a number of my stuff, to the lender in change for area of the debt, or to somebody else to get them to pay for area of the debt. 3. unload a number of my stuff to pay off area of the debt.
2016-11-25 19:49:27 · answer #5 · answered by ? 4 · 0⤊ 0⤋
Yes. it is when you have money to pay back for either items or borrowing money in the first place.
2006-09-07 12:54:59 · answer #6 · answered by Anonymous · 0⤊ 0⤋
when you rack up bills and owe money, it's considered debt.
2006-09-07 14:10:17 · answer #7 · answered by sophieb 7 · 0⤊ 0⤋
a debt is anythin u owe money to such as...overdure bills, loans, morgage...credit cards etc
2006-09-07 12:55:13 · answer #8 · answered by Anonymous · 0⤊ 0⤋
debt is when you owe money
2006-09-07 14:57:38 · answer #9 · answered by bella_4624_19 4 · 0⤊ 0⤋
yes like credit card bill or mortgage on a house
2006-09-07 12:54:30 · answer #10 · answered by d2pain 3 · 0⤊ 0⤋
Yes. It is exactly like that and not a lot different.
2006-09-07 12:58:09 · answer #11 · answered by hrh_gracee 5 · 0⤊ 0⤋