Debt: Canada Debt .ca defines Debt

Bankruptcy Term Debt

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Canada Debt has the definition to the bankruptcy and debt term Debt. Finding answers to terms such as Debt can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Debt in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Debt' is used as follows:

A specific sum of money due by agreement or otherwise.