Credit Definition Economics

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Debt (economics) financial definition of Debt (economics)
Debt. A debt is an obligation to repay an amount you owe. Debt securities, such as bonds or commercial paper, are forms of debt that bind the issuer, such as a corporation, bank, or government, to repay the security holder.
Money and credit - Economics Help
Example of Money and Credit. Suppose you have been paid £200 cash. You could deposit this money in a bank. This £200 cash is money because it is universally accepted as a form of payment. The bank then has a deposit of £200. The bank has assets of £200 (the cash) and also liabilities to you (you can ask for your deposits back.) Bank Lending
Economics DEFINITIONS Flashcards | Quizlet
Start studying Economics DEFINITIONS. Learn vocabulary, terms, and more with flashcards, games, and other study tools.

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