Stonegate Village in West Davis, CA offers one and two bedroom townhomes and apartments in a quiet community with resort-style amenities. Located just two miles from UC Davis, near Westlake Plaza, Stonegate Lake, and local bus stops for transportation.
Consumer debt. In economics, consumer debt is outstanding consumer debt, as opposed to that of businesses or governments. In macroeconomic terms, it is debt which is used to fund consumption rather than investment. It includes debts incurred on purchase of goods that are consumable and/or do not appreciate.
What is 'Debt'. Debt is an amount of money borrowed by one party from another. Debt is used by many corporations and individuals as a method of making large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.