settled debt
1Debt settlement — Debt settlement, also known as debt arbitration, debt negotiation or credit settlement, is an approach to debt reduction in which the debtor and creditor agree on a reduced balance that will be regarded as payment in full.[1] Debt settlement is… …
2Debt buyer — A debt buyer is a company, sometimes a collection agency or a private debt collection law firm, that purchases delinquent or charged off debts from a creditor for a fraction of the face value of the debt. The debt buyer can then collect on its… …
3settled — set·tled || setld adj. populated, inhabited, colonized; arranged, resolved; paid in full (of a debt or bill) set·tle || setl n. bench with arm rests and a high back (usually made of wood) v. arrange; resolve, clear up; put in order; determine;… …
4debt — 1) A sum owed by one person or organization to another. In commerce, it is usual for debts to be required to be settled within one month of receiving an invoice, after which interest may be incurred. A long term debt may be covered by a bill of… …
5debt — 1) A sum owed by one party to another. In commerce, it is usual for debts to be settled within one month of receiving an invoice, after which interest may be incurred. 2) Any funding instrument other than equity, such as a bond, bill of exchange …
6old debt — debt that has been owed for many years; something from the past that has not yet been settled …
7settled his debt — paid what he owed, paid off his debts …
8Cancellation of Debt (COD) Income — Part of a series on Taxation Taxation in the United States …
9bad debt — unpaid debt, debt that has not been settled …
10paid an old debt — paid what he owed, settled his debt, paid his due …
