debt — A sum of money due by certain and express agreement. A specified sum of money owing to one person from another, including not only obligation of debtor to pay but right of creditor to receive and enforce payment. State v. Ducey, 25 Ohio App.2d 50 … Black's law dictionary
debt — A sum of money due by certain and express agreement. A specified sum of money owing to one person from another, including not only obligation of debtor to pay but right of creditor to receive and enforce payment. State v. Ducey, 25 Ohio App.2d 50 … Black's law dictionary
active — That is in action; that demands action; actually subsisting; the opposite of passive. An active debt is one which draws interest. An active trust is a confidence connected with a duty. An active use is a present legal estate … Black's law dictionary
active — That is in action; that demands action; actually subsisting; the opposite of passive. An active debt is one which draws interest. An active trust is a confidence connected with a duty. An active use is a present legal estate … Black's law dictionary
Debt buyer — A debt buyer is a company, sometimes a collection agency or a private debt collection law firm, that purchases delinquent or charged off debts from a creditor for a fraction of the face value of the debt. The debt buyer can then collect on its… … Wikipedia
Debt Relief Order — Chapter 4 of the Tribunals Courts and Enforcement Act 2007 introduced Debt Relief Orders as a new form of bankruptcy in the United Kingdom. A DRO will be a simplified, quicker and cheaper alternative to bankruptcy in the United Kingdom, suitable… … Wikipedia
Debt Buyer — A company that purchases debt from creditors at a discount. Debt buyers, such as a collection agencies or a private debt collection law firm, buys delinquent or charged off debt at a fraction of the debt’s face value. The debt buyer then… … Investment dictionary
Debt of Honour — For the Tom Clancy novel, see Debt of Honor. Debt of Honour is a 1936 British drama film directed by Norman Walker and starring Leslie Banks, Will Fyffe, Geraldine Fitzgerald and Garry Marsh. Plot A Colonel s daughter steals from the regimental… … Wikipedia
Active Box — A physical location in a brokerage where securities are kept. These securities are usually held as collateral for customers margin positions. The collateral is used to secure broker loans, which is money lent to brokers and investors by banks.… … Investment dictionary
effective debt — sum total of an active debt … English contemporary dictionary
Collateralized debt obligation — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond … Wikipedia