Glossary of Terms Debt Debt can be simply understood as the amount owed by the borrower to the lender. A debt is the sum of money that is borrowed for a certain period of Inventory Inventory refers to all the items, goods, merchandise, and materials held by a business or person.
Debt Debt can be simply understood as the amount owed by the borrower to the lender. A debt is the sum of money that is borrowed for a certain period of
Inventory Inventory refers to all the items, goods, merchandise, and materials held by a business or person.