DEBT CONSOLIDATION Definition

Bookmark and Share

DEBT CONSOLIDATION is initiating one loan to pay off many others. This is often done to secure a lower interest rate, secure a fixed interest rate or for the convenience of servicing only one loan.

Learn new Accounting Terms

FISCALIST is an economist who prefers that the government affect the economy by raising and lowering taxation and/or government spending.

JOINT PAYEE ENDORSEMENT, normally, when a bank draft is made out to two parties both parties are required to endorse the back of the bank draft before it will be honored by the bank.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.