Consolidation Debt Organization
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Debt consolidation - Debt consolidation entails taking out one loan to pay off many others. This is often done to secure a lower interest rate, secure a fixed interest rate or for the convenience of servicing only one loan.
Debt AIDS Trade in Africa - Debt, AIDS, Trade in Africa (or DATA) is a multinational non-government organization founded in January 2002 in London by U2's Bono along with Bobby Shriver and activists from the Jubilee 2000 Drop the Debt campaign.
Subordinated (debt) - Subordinated debt, also known as junior debt, is a finance term to describe debt that is unsecured or has a lesser priority than that of an additional debt claim on the same asset. This means that if the party that issued the debt defaults on it, people holding subordinated debt get paid after the holders of the "senior debt," and hence is more risky.
Shared services - Shared services is a business term referring to the consolidation and sharing of services by different units within an organization. Shared Services are usually consolidated in a Shared Service Centre (SSC), which is typically located in a low cost location, on-shore of off-shore such as in a low wage country such as India or the emerging economies of Central Europe.
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