debt financing definition

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08-03-2021
Business

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debt financing definition

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jennahdeeb jennahdeeb · Answer 1 · 2021-03-08T07:05:00-05:00

jennahdeeb jennahdeeb

08-03-2021

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.

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