borð

Borç is a financial obligation to repay money or provide goods and services received on credit, usually with interest. In Turkish usage, borç covers personal loans, business borrowings, and public borrowing, encompassing various agreements where one party owes a creditor.

Types include personal debt (consumer loans, credit card balances), commercial debt (business loans, supplier credit, corporate bonds), and public debt (government borrowing). Debts can be secured by collateral such as real estate or vehicles, or unsecured.

Debts involve principal and interest, with repayment schedules and sometimes fees. Terms vary by loan type, including fixed or variable interest, amortization, and grace periods. Borrowing carries risk of default, which can trigger penalties, collections, or insolvency procedures.

Legally, debt contracts are binding agreements enforceable under civil or commercial law. Lenders are often regulated; consumer protection rules govern terms and disclosure. In some systems, mismanagement may lead to debt restructuring, renegotiation, or formal relief like bankruptcy or insolvency proceedings.

Public debt is monitored by policymakers and economists due to its impact on fiscal sustainability and interest rates. Debt levels are commonly expressed as a share of GDP and influence credit ratings, investment, and economic stability.

Although borç is a fundamental economic instrument, its management requires careful assessment of repayment capacity, interest costs, and long-term consequences for borrowers and lenders alike.