debt management
Debt management refers to the practice of effectively handling and organizing one's debts to ensure timely repayments, reduce financial burden, and achieve financial stability. It involves creating a plan to manage and prioritize debts, negotiating with creditors for modified terms or reduced interest rates, and budgeting to allocate funds towards debt repayment.
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Related Concepts (15)
- budgeting
- control problem in financial management
- currency swaps
- debt consolidation
- debt dynamics
- debt restructuring
- debt servicing
- debt sustainability
- debt-to-gdp ratio
- financial empowerment
- financial management
- inflation and fiscal sustainability
- national borrowing
- outstanding government securities
- public finance
Similar Concepts
- debt counseling
- debt counseling services
- debt management strategies
- debt portfolio management
- debt recovery
- debt reduction
- debt reduction strategies
- debt relief
- debt repayment
- debt repayment strategies
- debt settlement
- financing options and debt management
- government debt management
- national debt management
- public debt management