A debt is created when a creditor agrees to
lend a sum of assets to a debtor. In modern
society, debt is usually granted with expected
repayment; in many cases, plus interest.
Historically, debt was responsible for the
creation of indentured servants.
lend a sum of assets to a debtor. In modern
society, debt is usually granted with expected
repayment; in many cases, plus interest.
Historically, debt was responsible for the
creation of indentured servants.
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