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==Etymology==
 
==Etymology==
 
[https://nordan.daynal.org/wiki/index.php?title=English#ca._1100-1500_.09THE_MIDDLE_ENGLISH_PERIOD Middle English] dette, debte, from Anglo-French dette  something owed, from Vulgar [[Latin]] *debita, from Latin, plural of debitum debt, from neuter of debitus, past participle of debēre to owe, from de- + habēre  to have.  The letter b in the word debt was reintroduced in the 17th century, possibly by [[Samuel Johnson]] in his Dictionary of 1755— several other [[words]] that had [[existed]] without a b had them reinserted at around that [[time]].
 
[https://nordan.daynal.org/wiki/index.php?title=English#ca._1100-1500_.09THE_MIDDLE_ENGLISH_PERIOD Middle English] dette, debte, from Anglo-French dette  something owed, from Vulgar [[Latin]] *debita, from Latin, plural of debitum debt, from neuter of debitus, past participle of debēre to owe, from de- + habēre  to have.  The letter b in the word debt was reintroduced in the 17th century, possibly by [[Samuel Johnson]] in his Dictionary of 1755— several other [[words]] that had [[existed]] without a b had them reinserted at around that [[time]].
*Date: [http://www.wikipedia.org/wiki/13th_Century 13th century]
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*Date: [https://www.wikipedia.org/wiki/13th_Century 13th century]
 
<center>For lessons on the [[topic]] of '''''Debt''''', follow [https://nordan.daynal.org/wiki/index.php?title=Category:Debt '''''this link'''''].</center>
 
<center>For lessons on the [[topic]] of '''''Debt''''', follow [https://nordan.daynal.org/wiki/index.php?title=Category:Debt '''''this link'''''].</center>
 
==Definitions==
 
==Definitions==
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'''Debt''' is that which is owed; usually referencing assets owed, but the term can also cover [[moral]] [[obligations]] and other [[interactions]] not requiring [[money]]. In the case of [[assets]], debt is a means of using [[future]] purchasing [[power]] in the present before a summation  has been earned. Some companies  and corporations use debt as a part of their overall corporate [[finance]] [[strategy]].
 
'''Debt''' is that which is owed; usually referencing assets owed, but the term can also cover [[moral]] [[obligations]] and other [[interactions]] not requiring [[money]]. In the case of [[assets]], debt is a means of using [[future]] purchasing [[power]] in the present before a summation  has been earned. Some companies  and corporations use debt as a part of their overall corporate [[finance]] [[strategy]].
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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 most cases, plus interest. [[Historically]], debt was [[responsible]] for the [[creation]] of [http://en.wikipedia.org/wiki/Indentured_servant indentured servants].
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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 most cases, plus interest. [[Historically]], debt was [[responsible]] for the [[creation]] of [https://en.wikipedia.org/wiki/Indentured_servant indentured servants].
    
[[Category: Economics]]
 
[[Category: Economics]]

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