Debt
Categories: Bonds, Accounting, Company Management, Muni Bonds
Money you owe.
If you borrow from a bank or any official lender, you're probably going to have to pay back your debt with interest (which will be a percentage of what you borrowed). If you borrow from the mob, you might find yourself without kneecaps (which is why, here at Shmoop, we advise you to stick with banks).