Financial Assets are assets that include cash, bank accounts, securities and investment accounts that can be readily converted to cash. Not included in these assets are things like cars, real estates, jewelry, furnitures, etc.

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• what are assets?

Most of us hate debt. Don’t get me wrong. I mean Bad debt. In my last post, there are two types of debt. One is good and the other is bad. Do you know the difference? If not? Refer to my other post - Good Debt Vs Bad Debt.

Do you want to know what Debt is?

In this post, I collected information/definitions of debt from the top most reliable articles about what is debt.

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• what is debt
• debt is an amount owed to a person or organisation for funds borrowed debt can be represented by a loan note bond mortgage or other form these different forms all imply intent to pay back an amount owed by a specific date which is set forth in the repayme
• definition of bad debt
• what is bad debt