D:

Debt:

It is the state of owing something to another person. This may be goods, services and money

Debt capital:

It is the capital that a company raises by availing loans. This loan can be repaid by the company at some future date.

Debt consolidation:

It is the process of availing one loan to repay other multiple loans. This is often done to get a lower rate of interest and securing a fixed rate of interest. It provides the convenience of paying only one loan.

Debt relief:

It is the partial or total forgiveness of debt for a debtor when he cannot repay his loan. This slowly stops debt growth, owed by individuals, corporations, or nations.

Debt negotiation:

It is the process which is commonly adopted to negotiate with a creditor to pay off certain percentage of balance owed on old bills, utility bills, medical bills, invoices, liens, lawsuits and judgments. This process is also used for debt settlement.