The problem is confusion about the actual definition of debt. And once you get clarity on the issue, it will free up your mind and allow you to produce on a higher level as an entrepreneur.

Unsecured debt is typically tied to a debtor’s creditworthiness and isn’t backed by any collateral or asset. Unsecured debt is debt that is not backed by any asset or collateral. Borrowers of ...

A country's debt-to-GDP ratio is a metric that expresses how leveraged a country is by comparing its public debt to its annual economic output. Just like people and businesses, countries often ...

A method of financing in which a company receives a loan and gives its promise to repay the loan Debt financing includes both secured and unsecured loans. Security involves a form of collateral as ...

Debt-to-Equity Ratio Definition: A measure of the extent to which a firm's capital is provided by owners or lenders, calculated by dividing debt by equity. Also, a measure of a company's ability ...

But that was far from the only occasion. It has acted to increase, revise the definition of and extend the debt ceiling 78 times since 1960. Along with increasing the debt ceiling, Congress can ...

Peter Gratton, M.A.P.P., Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, risk management, and public policy. Peter began covering markets at ...