what is the difference between debt and a loan 
debt and loan are often used synonymously but there are slight differences debt is anything owed by one person to another debt can involve real property money services or other consideration in corporate finance debt is more narrowly defined as money raised through the issuance of bonds a loan is a form of debt but more specifically an agreement in which one party lends money to another the lender sets repayment terms including how much is to be repaid and when as well as the interest rate on the debt 