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In economics, consumer debt is the amount owed by consumers (as opposed to amounts owed by businesses or governments). It includes debts incurred on purchase of goods that are consumable and/or do not appreciate. In macroeconomic terms, it is debt which is used to fund consumption rather than investment.
Overview & Debt-to-GDP ratio, consumer leverage ratio
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debt consumer credit ratio goods consumers also rates income leverage consumption outstanding amount rather finance often interest long-term may incurring
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Consumer debt | is a | amount owed by consumers | 0.90 | text |
| automobiles may be marketed as having high levels of utility that justify incurring short-term debt | instance of | While some consumer items | 0.80 | text |
| most consumer goods are not | instance of | While some consumer items | 0.80 | text |
| Consumer debt | related to Further reading | Lock-green | 0.60 | section |
| Consumer debt | related to Further reading | Lock-gray-alt-2 | 0.60 | section |
| Consumer debt | related to Further reading | Lock-red-alt-2 | 0.60 | section |
| Consumer debt | related to Further reading | Wikisource-logo | 0.60 | section |
| Consumer debt | related to Further reading | Surviving Debt | 0.60 | section |
| Consumer debt | related to Further reading | National Consumer Law Center | 0.60 | section |
| Consumer debt | related to Further reading | ISBN | 0.60 | section |
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