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.
When a customer defaults on an amount due, this is called bad debt. When an account is deemed to be uncollectible, the business must remove the receivable from the books and record an expense. This is considered an expense because bad debt is a cost of doing business.