What is the difference between debt and equity?
Debt is what you owe. And equity is the difference between how much the home is worth and how much you owe on the mortgage.
Answered
by Frances B.
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Interest (n.) is the fee charged by a lender to a borrower fo...
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What are five ways the national debt effects the economy?
Government debt (also known as public debt, national debt is ...
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What was the national debt during the clinton administration?
About 6 to 7 trillion dollars. The absolute lowest it was dur...
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Where can I get online debt consolidation loans?
You can try E-Loans for online debt consolidation loans. Most...
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Is California close to being in debt?
California actually go bankrupt? Long story short: Yes.If sta...
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Interest (n.) is the fee charged by a lender to a borrower fo...
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How much did Obama increase the national debt?
Obama has repeatedly claimed that his budget would cut the de...
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The debt-snowball method is a debt reduction strategy, whereb...
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What is the national debt of america?
The National Debt is currently $ 10,531,484,725,837.70. Wow, ...
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What are five ways the national debt effects the economy?
Government debt (also known as public debt, national debt is ...
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What is the national debt of america?
The National Debt is currently $ 10,531,484,725,837.70. Wow, ...
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What is a statement of debt issued by a corporation?
A statement of debt is a report, which local treasurers are r...
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Where can I get help with my credit card debt?
A good website is www.helpwithmycredit.org who has helped tho...
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Does US treasury bonds sell to foreign country to get out of debt?
For years, the U.S. government has sold treasury bonds to any...
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Has the debt ceiling been raised?
Yes, the debt ceiling has been raised, however Obama is not p...
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How does deficit financing add to the public debt?
Deficit financing is when the governement borrows money to bu...
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What is americas current debt?
The Outstanding Public Debt as of 9 Oct 2009 at 07:46:18 PM G...
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What was the national debt in 1980?
The national debt in 1980 was around $1 trillion. dollars. Ch...
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The Outstanding Public Debt as of April 21 2009 at 11:39:22 A...
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How much is the United States in debt right now?
The outstanding public debt as of today is: $ 12,945,778,537,...
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Debt is currently in development, and doesn't have an actual ...
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How does deficit financing add to the public debt?
Deficit financing is when the governement borrows money to bu...
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The current debt is up to 11.73 trillion dollars, which comes...
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What is the national debt for 2008?
The government-held debt of 2008 was about 10,000 billion dol...
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What is the difference between debt and deficit?
National debt is net accumulated borrowing by the federal gov...
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How does deficit financing add to the public debt?
Deficit financing is when the governement borrows money to bu...
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Debt is currently in development, and doesn't have an actual ...
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If you owe money to anyone due to having taken out a loan of ...
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China's debt is estimated to reach 39.838 trillion yuan ($5.8...
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National Debt is the debt of the national government (as dist...
About Debt
Debt is an obligation to pay someone back, either in money or other goods. Before the recession of 2008 and the financial meltdown, many people and corporations took on so much debt that their houses were foreclosed and their companies failed or had to be sustained by the government until they got back on their feet. (An example is General Motors.)
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