Debt financing definition

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asked May 8, 2022 54.5k views

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Tibin Paul · Answer 1 · 2022-05-11T21:21:53+0000

Debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor. Debt is a deferred payment, or series of payments, which differentiates it from an immediate purchase.

Debt financing definition

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