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Debt is a financial obligation owed by one party to another party. Repayment usually includes an interest charge.| Investopedia
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An income statement is one of the three major financial statements that businesses issue. Learn how it is used to track revenue, expenses, gains, and losses.| Investopedia
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A debtor is a company or individual who owes money to a lender. Debtors are also often referred to as borrowers. Read about the laws that protect them.| Investopedia