"debt assumption" is a correct and usable phrase in written English.
You can use it when you are referring to the agreement to take responsibility for another person's debt. Example: The company's debt assumption agreement indicates that it will assume responsibility for the debt of its subsidiary.
The new price includes debt assumption and certain joint venture and equity interests, DuPont said.
Sidney Harmon -- not the Daily Beast Web site -- bought it for $1 and debt assumption.
Con Edison's estimated $7.5 billion acquisition, including debt assumption, would create the nation's biggest electricity distribution company, with more than 5 million electricity and 1.4 million gas customers.
Given Newsweek's current financial troubles - it was sold to Sidney Harman, the audio tycoon, last year for $1 and debt assumption and is on track to lose tens of millions of dollars again this year despite efforts at a turnaround - he said the decision was understandable.
The bottom line is that wage growth has been accelerating even as consumer debt assumption has been declining.
International Paper ip said it will acquire rival forest and paper products concern Union Camp ucc in a $6.6 billion deal, including debt assumption.
[C11.] A $3.3 Million Merger of Real Estate Companies Brandywine Realty Trust, a real estate investment trust based in suburban Philadelphia, said it had reached an agreement to acquire Prentiss Properties Trust of Dallas in a cash, stock and debt-assumption deal that the companies said was worth about $3.3 billion.
"Implementation has been unsatisfactory in almost all areas; growth and debt sustainability assumptions continue to be overoptimistic".
Mr Rauh says bondholders should worry because several state constitutions, including those of Illinois and New York, make state pensions senior to bond debt.Still, the assumption of many investors is that the federal government would never let a state default.
Over the decade of the 1790s, the Federalists stood for the following economic policies: funding of the old Revolutionary War debt and the assumption of state debts, passage of excise laws, creation of a central bank, maintenance of a tariff system, and favourable treatment of American shipping.
The Hidden Costs of Paying the Bill Student loans used to be considered "good" debt, but that assumption is proving false in today's economy.
