(Phys.org) —Required reading for those examining the cause and effect of bread lines: Two papers, one published in 2010 and the other published just this month, poking holes into the 2010 study and inciting a global wave ...
(PhysOrg.com) -- Ever since the "flash crash" of May 6, 2010, investors have been wondering exactly what happened that Friday afternoon. As stock markets were trending down due to concern about the debt crisis in Greece, ...
Microsoft launched its first bond issue on Monday, sparking rumors the US software giant was contemplating a takeover bid.
Business
May 11, 2009
1
0
Imprisonment for unpaid debts might seem Dickensian, a relic of harsher times. But thousands of people serve jail time each year in the U.S. for failure to pay fines, fees, and other court costs, often resulting from lower-level ...
Social Sciences
Sep 20, 2023
0
18
The global economy will grow slower in the 21st century than economists have expected, a finding that has implications for our ability to adapt to climate change in the coming decades, according to new research.
Economics & Business
Jun 23, 2023
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55
The relationship between cognitive ability in childhood and financial well-being in adulthood varies for different financial measures—such as savings levels versus having debt—per a new analysis of nearly 6,000 people. ...
Social Sciences
Jun 7, 2023
0
75
A first-of-its-kind study led by Associate Professor Jia Lile from the Department of Psychology at the National University of Singapore (NUS) Faculty of Arts and Social Sciences found that extreme debtors have a low capacity ...
Social Sciences
Aug 16, 2022
0
9
The recent extreme heat in the Western United States and Canada may seem remarkable now, but events like these are made more likely, and more severe, under climate change. The consequences are likely to be far-reaching, with ...
Environment
Jul 8, 2021
1
16
As the International Monetary Fund (IMF) and the Board of Governors of the World Bank Group convene their spring meetings, researchers at Oxford University find that most governments have paid scant attention to the effect ...
Environment
Apr 8, 2021
4
45
The College of Human Ecology's Laura Tach and her co-authors must have trustworthy faces. Working-poor recipients of the Earned Income Tax Credit (EITC) in Boston divulged things they'd never tell the Internal Revenue Service ...
Social Sciences
Feb 6, 2015
4
42
A debt is an obligation owed by one party (the debtor) to a second party, the creditor; usually this refers to assets granted by the creditor to the debtor, but the term can also be used metaphorically to cover moral obligations and other interactions not based on economic value.
A debt is created when a creditor agrees to lend a sum of assets to a debtor. Debt is usually granted with expected repayment; in modern society, in most cases, of the original sum plus interest.
In finance, debt is a means of using anticipated future purchasing power in the present before it has actually been earned. Some companies and corporations use debt as a part of their overall corporate finance strategy.
This text uses material from Wikipedia, licensed under CC BY-SA
