People commonly demonstrate resilience. One example is the response of many Americans to the September 11, 2001 terrorist attacks and individualsâ efforts to rebuild their lives. Being resilient does not mean that a person doesnât experience difficulty or distress.
The Public Debt Outstanding represents the face amount or principal amount of marketable and non-marketable securities currently outstanding. The Public Debt Subject to Limit is the maximum amount of money the Government is allowed to borrow without receiving additional authority from Congress.
What is a 'Debtor'. A debtor is a company or individual who owes money. If the debt is in the form of a loan from a financial institution, the debtor is referred to as a borrower, and if the debt is in the form of securities, such as bonds, the debtor is referred to as an issuer. Legally, someone who files a voluntary petition to declare bankruptcy is also considered a debtor.