Consumer Debt

(redirected from Private debt)

Consumer Debt

The debt individuals use to purchase consumer goods. In macroeconomics, consumer debt is used for individual purchase rather than investment. A common example of consumer debt is the balance on a credit card.
References in classic literature ?
It is well within my experience, that young ladies of rank and position do occasionally have private debts which they dare not acknowledge to their nearest relatives and friends.
NBK Capital Partners, an alternative investments firm that advises on providing flexible capital to mid-sized companies in the Mena region, has successfully exited its inaugural $157 million private debt vehicle.
Alternative investment firm NBK Capital Partners has successfully exited its inaugural $157 million private debt vehicle.
Proskauer was nominated once again for Law Firm of the Year (Europe) by Private Debt Investors Annual Awards 2017.
This means that because of the excessive and quite unprecedented levels of private debt (three to four times the size of the country's GDP) weighing on households and corporations, it is practically impossible for the country to overcome the recessionary effects of the austerity conditions that were imposed since the bail-in in 2013 and which still constitute the core of the government policy.
Citi (NYSE: C) was named Placement Agent of the Year by Private Debt Investor (PDI), a leading international publication covering the world's private debt markets, the company said.
In a statement the IMF fiscal chief Vitor Gaspar said "excessive private debt is a major headwind against the global recovery and a risk to financial stability," adding that "history has taught us that it is very easy to underestimate the risks associated with private debt during the upswing.
Abu Dhabi: Gulf Capital, an Abu Dhabi based alternative firm announced that it will expand its Private Debt business to sub-Saharan Africa through an exclusive partnership with Serengeti Capital, an Africa-focused investment bank, with offices in Accra and London.
Twenty-seven private debt funds reached a final close in the third quarter, raising an aggregate $19.
The following table shows how over-conservative we have been in the expansion of private debt for economic development purpose.
Jean-Pierre Mustier, a banker who has held key positions at some of the best known banks in France, has joined a private debt fund.
Meanwhile, borrowers with high disclosure costs, high earnings volatility, high market-to-book ratios and/or high probability of financial distress are more likely to choose private debt according to Dhaliwal et al.