What is the antonym of debit?

Option B – ‘Credit’ means ‘adding money to one’s account’. Hence, ‘credit’ is the antonym of ‘debit’, Thus option B is the correct answer.

What is a another word for debt?

indebtedness, liability. (usually liabilities), obligation, score.

What is a word for not in debt?

solvent. adjective. if you are solvent, you have enough money to pay your bills and other debts.

What is a antonyms for loan?

Antonyms
  • undock.
  • break.
  • irrelevance.
  • unpointedness.
  • unimportant.
  • fire.
  • active trust.

What is related to debt?

Debt is anything owed by one person to another. Debt can involve real property, money, services, or other consideration. In finance, debt is more narrowly defined as money raised through the issuance of bonds. A loan is a form of debt but, more specifically, is an agreement in which one party lends money to another.

What is the sentence of debt?

Examples of debt in a Sentence

He is trying to pay off gambling debts. The company has run up huge debts. Their debts are piling up. He’s been working three jobs in an attempt to get out of debt.

What is the opposite known?

Antonym. Known. Unknown. Get definition and list of more Antonym and Synonym in English Grammar.

What is an antonym for savings?

Antonyms & Near Antonyms for savings. debts, liabilities.

What is the antonym for afford?

What is the opposite of afford?
refusereject
take awaydeny
disallowhold
takekeep
wastedecline

What is another name for debt quizlet?

Indebtedness is another word for liability. A statement of financial position shows the client’s anticipated financial condition at year-end.

What is another word for total debt?

What is another word for debt?
liabilitybill
balance duepromissory note
red inkamount outstanding
amount overduesum unpaid
chargefee

What is it called when someone owes you money?

debt. noun. a situation in which you owe money to other people.

Is debt and liabilities the same?

Comparing Liabilities and Debt

The main difference between liability and debt is that liabilities encompass all of one’s financial obligations, while debt is only those obligations associated with outstanding loans. Thus, debt is a subset of liabilities.

What is total debt?

Total debt refers to the sum of borrowed money that your business owes. It’s calculated by adding together your current and long-term liabilities.

What is a debt asset?

Debt Assets means all the amounts due from debtor(s) of the Borrower to the Borrower as per the books of accounts of the Borrower at the relevant point of time and which have not remained overdue for more than 89 days and shall include the interest payable thereupon.

Where is debt in financial statements?

Long-term debt is listed under long-term liabilities on a company’s balance sheet.

Is equity a debt?

Debt and equity financing are two very different ways of financing your business. Debt involves borrowing money directly, whereas equity means selling a stake in your company in the hopes of securing financial backing.

Are all liabilities debt?

Debt majorly refers to the money you borrowed, but liabilities are your financial responsibilities. At times debt can represent liability, but not all debt is a liability.

Are lease liabilities debt?

Leases classified as ‘finance’ are counted as debt in a lessor’s finances, and are treated like assets on a company’s balance sheet. This means that they depreciate and incur interest over time.

Is bond a debt or equity?

A bond is a debt security, similar to an IOU. Borrowers issue bonds to raise money from investors willing to lend them money for a certain amount of time. When you buy a bond, you are lending to the issuer, which may be a government, municipality, or corporation.

What is better equity or debt?

The main distinguishing factor between equity vs debt funds is risk e.g. equity has a higher risk profile compared to debt. Investors should understand that risk and return are directly related, in other words, you have to take more risk to get higher returns.