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Social Sciences and the Law , debt / det/ • n. something that is owed or due: I paid off my debts | a way to reduce Third World debt. ∎ the state of owing money: heavily in debt.… National Debt , National Debt
BIBLIOGRAPHY
A national debt is generated when a government runs a budget deficit for consecutive fiscal years; hence its expenditures… Public Debt , public debt, indebtedness of a central government expressed in money terms, often referred to as national debt. The debt is computed differently by n… Sinking Fund , sinking fund. Originally devised in 1717 as one of numerous schemes to reduce the national debt. Legislation provided that any surplus funds from gov… Bankruptcy , Bankruptcy is the legal process by which individuals or businesses declare their inability to pay their bills and are excused from paying all or part… Execution , EXECUTION
EXECUTION (Civil ), laws concerning methods of recovering a debt.
Definition and Substance of the Concept
In Jewish law, a debt or obligati…
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NEARBY TERMS
bad debt