borcu

Borç is the Turkish noun for debt or obligation. The form borcu is used as a possessive/definite form referring to “his/her/its debt” or simply “the debt,” depending on context. For example, Onun borcu çok yüksek means “His debt is very high.” The term can denote personal debt, loans, or any obligation to repay money or goods and appears in everyday language as well as legal and financial texts.

Debt in Turkish covers consumer loans, mortgages, corporate borrowings, and government borrowing. Debts may be secured by assets or unsecured, and they can be short-term or long-term. Interest rates are commonly involved, though some arrangements may be interest-free. Debt management and repayment plans are routine topics in personal finance and corporate accounting.

Economically, debt serves as a financing instrument and a macroeconomic indicator. Levels of debt relative to income or GDP influence credit ratings, interest rates, and policy decisions. Legal frameworks regulate lending contracts, interest, penalties for default, and, when necessary, bankruptcy or debt relief procedures.

See also: debt, loan, credit, interest, bankruptcy, macroeconomics.