DEBT

Debt is money borrowed by one party from another. Debt is used by many companies, organisations, institutions and individuals as a way of making large purchases that they cannot afford under normal circumstances. A debt arrangement is made that gives the borrowing party permission to borrow money under the agreement that it is to be paid back at a later date, usually in instalments and with interest. Sadly, Thami and Rapelang are deep in debt but the following information should help.

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DEBT

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