Debt Consolidation

Business / Debt / Debt Consolidation: Debt consolidation is the replacement of multiple loans with a single loan, often with a lower monthly payment and a longer repayment period. It can also be called a consolidation loan.

Other Words for Debt

Debt Adjective Synonyms: obligation, due, indebtedness, liability, responsibility, accountability, encumbrance
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Long Term Debt

Business / Loan / Long Term Debt: Financing used to purchase or improve assets such as plant, facilities, large equipment and real estate. MORE

Loan Consolidation

Business / Loan / Loan Consolidation: The combining of a number of loans into a single new loan. Consolidation typically extends your repayment period and lowers your monthly payments, thereby greatly increasing the amount of interest you MORE

Limitation On Merger, Consolidation, Or Sale

Business / Finance / Limitation On Merger, Consolidation, Or Sale: A bond covenant that restricts in some way a firm's ability to merge or consolidate with another firm. MORE

Level Debt Service

Business / Finance / Level Debt Service: A municipal charter provision that debt payments must be relatively equal from year to year so that required revenue projections are easier. MORE

Long-Term Debt

Business / Finance / Long-Term Debt: Total of all debt due after one year including bonds at face value. MORE

Long-Term Debt As A Percent Of Total Capital

Business / Finance / Long-Term Debt As A Percent Of Total Capital: Long-term debt including capitalized leases expressed as a percentage of total capital (common and preferred stock plus long term debt). It reflects the use of leverage by the company. MORE

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