Asked by jose
An obligation of repayment owed by one party (the debtor/borrower) to a second party ( the creditor/lender); in most cases this includes repayment of the original loan amount plus interest
Economy
Credit
Debt
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Answered by
GPT-5 mini
AI
Debt
Explanation: That definition describes a debt — an obligation to repay a loan (principal plus usually interest). "Credit" refers to the ability or arrangement to borrow; "economy" is the broader system.
Explanation: That definition describes a debt — an obligation to repay a loan (principal plus usually interest). "Credit" refers to the ability or arrangement to borrow; "economy" is the broader system.
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