• Frequency of Use
    75 %
  • Retention Rate
    50 %
  • Complexity
    60 %
  • Debt Meanings

    noun a sum of money that is owed or due

    adjective related to something that is owed or due

    Fields related to debt

    Finance

    Debt is a financial obligation that must be repaid, often with interest.

    Economics

    Debt can impact a country's economy through factors such as debt-to-GDP ratio.

    Accounting

    Debt is recorded as a liability on a company's balance sheet.

    Banking

    Banks lend money to individuals and businesses, creating debt that must be repaid.

    Investing

    High levels of debt can affect an investment's risk profile and potential returns.

    Personal Finance

    Individuals may accumulate debt through credit cards, loans, or mortgages.

    Occupation Usage of debt

    Writer

    Debt can be a common theme in literature, often used to symbolize financial struggles, emotional burdens, or moral obligations.

    Psychologist

    Psychologists may study the psychological effects of debt on individuals, including stress, anxiety, and depression. They may also help clients develop coping strategies for managing debt-related issues.

    Financial Analyst

    Financial analysts analyze the debt levels of companies as part of their financial evaluation. They assess the company's ability to repay its debts and provide recommendations based on their findings.

    Accountant

    Accountants help individuals and businesses manage their debt by creating budgets, advising on debt repayment strategies, and ensuring compliance with debt-related financial regulations.

    Lawyer

    Lawyers specializing in debt-related issues may help clients negotiate debt settlements, file for bankruptcy, or defend against debt collection lawsuits. They provide legal guidance on debt laws and regulations.

    Consolidated Statistics about debt

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