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 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.