What Are Money Things?

Money Things are stocks, bonds, contracts - basically anything that banks and businesses use to loan or borrow cash.

Wednesday, July 21, 2010

What is Debt?


Debt is borrowed money. The borrower usually pays a little bit of money regularly, called interest, until the time when they have to repay the full amount.

No comments:

Post a Comment

Please feel free to leave a comment or ask a question.