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Tagged with: business debt


  • Business debt

    Business debt A business debt is the monetary obligation of a corporation (debtor) towards another business organisation (creditor). Commercial loans represent arrangements between two parties, where the first party (lender) grants an amount to a second party (borrower) under specific terms and conditions, for a specific period of time. Commercial debt contracts include the written pledge of the borrower to return the amount in full before a particular deadline marked in the agreement.

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