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Debt |
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Debt is the money which is owed or borrowed by debtor.It is used
to cover the obligations or difficulties of the borrower. A debt is often
arising when a person agrees to lend the money to another person on sum
interest. A person who owes the debt is called debtor and the person to
whom the debt is owed is called creditor. It is a means of using for future
purchasing purpose. |
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