An amount of money given at regular intervals to the spouse economically affected by the divorce.

Worker hired by a collection agency that pursues payments of debts owed by individuals or businesses. (source: http://en.wikipedia.org/wiki/Collection_agency)

One of two or more debtors who are primarily liable to the same debt. (source: http://www.duhaime.org/LegalDictionary/C/Codebtor.aspx?nuru=1)

A financial transaction where the payment of products and/or services received is done at the time of actual delivery rather than paid-for in advance. (source:

-I owe you- (IOU) note issued by a borrower evidencing his or her promise to pay a specified sum on the stated date. (source: http://www.businessdictionary.com/definition/certificate-of-indebtedness.html#ixzz25gfbmMPo)

A form of liquid funds given by a consumer to a provider of goods or services as compensation for receiving those products. In most domestic

Situation caused by a large amount of debt.

The legal term for the part of a debt that is overdue after missing one or more required payments. (source: http://en.wikipedia.org/wiki/Arrears)

In mathematical finance a sequence of equal payments made at equal periods of time.