Debt

A debt generally refers to something owed by one party, the borrower or debtor, to a second party, the lender or creditor. The lender or creditor can be a bank, credit card company, payday loan provider, or an individual. One country can also lend money to another country. Debt is generally subject to contractual terms regarding the amount and timing of repayments of principal and interest. The term can also be used metaphorically to cover moral obligations and other interactions not based on economic value. For example, in Western cultures, a person who has been helped by a second person is sometimes said to owe a "debt of gratitude" to the second person.

Terms

Interest

Interest is the fee charged by the creditor to the debtor. Interest is generally calculated as a percentage of the principal sum per year, which percentage is known as an interest rate, and is generally paid periodically at intervals, such as monthly or semi-annually.

Many conventions on how interest is calculated exist – see day count convention for some – while a standard convention is the annual percentage rate (APR), widely used and required by regulation in the United States and United Kingdom, though there are different forms of APR.

Debt (game show)

Debt is an American game show hosted by Wink Martindale which aired on Lifetime from June 3, 1996 to August 14, 1998. The show featured contestants who were trying to earn money to get out of debt.

Personnel

The game was conceived by Sarah Jane West. Its host was Wink Martindale, and Kurt Engstrom was featured as an assistant playing the role of a security guard. Julie Claire was the show's announcer.

Gameplay

Three contestants are introduced with the amount of debt they have (usually between $6,000 and $10,000) and the reasons why. After introductions, the debt of the three contestants was averaged to level the playing field. The scores were shown in negative amounts to reflect the debt of each contestant.

Round 1 (General Debt)

In the first round, contestants faced a gameboard with five categories, each with five questions in negative dollar values ranging from −$50 to −$250, in increments of $50. The first selection went to the contestant who had the lowest debt before averaging the scores. On a contestant's turn, he or she chose a category and value, after which a "Who am I?"-type question was revealed (e.g., "I'm the name of the fictitious, mustachioed 'ranking officer' who hawks the Quaker Oats cereal Peanut Butter Crunch."). Contestants buzzed-in to answer and were required to phrase their response as "You are..." to receive credit (although the contraction "You're" also was accepted). The correct answer to the example is "You are Cap'n Crunch." A correct answer deducted the question's value from the contestant's debt. A wrong answer or failing to respond within the time frame added the value, increasing the contestant's debt.

Debt (disambiguation)

A debt is that which one party owes to a second party.

Debt or The Debt may also refer to:

Books

Film

Television

See also

Greek

Greek may refer to:

Greece

Anything of, from, or related to Greece, a country in Southern Europe:

Greek language

Greek or Hellenic (Modern Greek: ελληνικά [eliniˈka], elliniká, "Greek", ελληνική γλώσσα [eliniˈci ˈɣlosa], ellinikí glóssa, "Greek language") is an independent branch of the Indo-European family of languages, native to the southern Balkans, the Aegean Islands, western Asia Minor, parts of northern and Eastern Anatolia and the South Caucasus, southern Italy, Albania and Cyprus. It has the longest documented history of any Indo-European language, spanning 34 centuries of written records. Its writing system has been the Greek alphabet for the majority of its history; other systems, such as Linear B and the Cypriot syllabary, were used previously. The alphabet arose from the Phoenician script and was in turn the basis of the Latin, Cyrillic, Armenian, Coptic, Gothic and many other writing systems.

The Greek language holds an important place in the histories of Europe, the more loosely defined Western world, and Christianity; the canon of ancient Greek literature includes works of monumental importance and influence for the future Western canon such as the epic poems Iliad and Odyssey. Greek was also the language in which many of the foundational texts of Western philosophy, such as the Platonic dialogues and the works of Aristotle, were composed; the New Testament of the Christian Bible was written in Koiné Greek. Together with the Latin texts and traditions of the Roman world, the study of the Greek texts and society of antiquity constitutes the discipline of Classics.

Greek (play)

Greek is a play by Steven Berkoff.

It was first performed at the Half Moon Theatre in London on 11 February 1980, in a production directed by the author. The cast was:

It is a retelling of Sophocles' Oedipus Rex. Berkoff wrote:

The play was used as the basis for a well-received opera of the same name composed by Mark-Anthony Turnage and first performed in 1988.

References