Debts in example sentence
An individual with, say, debts equal to 100% of his income could be forced to hand over to the bank 25% of his gross, pre-tax income for the rest of his life, because, the bank could add on, say, 30% interest each year to what a person owed.
More example sentences with word debts
Now, I'm sure you all keep a copy of the goals under your pillow, or by the bedside table, but just in case you don't, and your memory needs some jogging, the deal agreed then goes like this: developing countries promised to at least halve extreme poverty, hunger and deaths from disease, alongside some other targets, by 2015, and developed nations promised to help them get that done by dropping debts, increasing smart aid, and trade reform. All example sentences