Consumer Definition–noun | 1. | a person or thing that consumes. | | 2. | Economics. a person or organization that uses a commodity or service. | | 3. | Ecology. an organism, usually an animal, that feeds on plants or other animals. | |
From Dictionary
Debt Definition–noun | 1. | something that is owed or that one is bound to pay to or perform for another: a debt of $50. | | 2. | a liability or obligation to pay or render something: My debt to her for advice is not to be discharged easily. | | 3. | the condition of being under such an obligation: His gambling losses put him deeply in debt. | | 4. | Theology. an offense requiring reparation; a sin; a trespass. | |
From Dictionary
Related topics from Britannicaconsumer credit
short- and intermediate-term loans used to finance the purchase of commodities or services for personal consumption or to refinance debts incurred for such purposes. The loans may be supplied by ...
Economic Affairs
U.S. politics and economics weighed heavily on world stock markets in 2003. The inevitability of war with Iraq triggered a sharp rally at first, but while uncertainty had depressed major markets as ...
income tax
Practice with respect to personal deductions also varies widely. In the United States, for example, such deductions include interest paid on home mortgage debt (but not other personal debt), ...
PERU
The republic of Peru is located in western South America, on the Pacific Ocean. Area: 1,285,216 sq km (496,225 sq mi). Pop. (1995 est.): 23,489,000. Cap.: Lima. Monetary unit: nuevo sol, with (Oct. ...
Economic Affairs
United States. Revisions to the U.S. economic statistics showed that the 1990-91 recession was not as deep as had been thought previously. GDP fell by 1.6% instead of the 2.2% originally reported. ...
finance
the process of raising funds or capital for any kind of expenditure. Consumers, business firms, and governments often do not have the funds available to make expenditures, pay their debts, or ...
UNITED KINGDOM
For the fourth year in succession, the U.K. had the fastest economic growth of any major economy in Western Europe. The 2.5% growth rate was, however, less than the government had expected at the ...
economic indicator
statistic used, along with other indicators, in an attempt to determine the state of general economic activity, especially in the future. A "leading indicator" is one of a statistical series that ...
Algeria
Virtually all of Algeria's foreign-exchange earnings are derived from the export of petroleum and natural gas products, both of which are refined domestically at an increasing rate. Other exports ...
economic planning
Poland's unsound economic policies in the 1970s led to serious domestic imbalances and a growing foreign debt and contributed to the political-economic crisis of 1980-81. Martial law, imposed in ...
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