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Debt is the state of owing money. This is the definition of debt. Kickstarters do not owe anyone money.
by steve19 11y ago
Debt is the state of owing money. This is the definition of debt. Kickstarters do not owe anyone money.
- Johnny555 11y agoDebt isn't necessarily paid in money, depending on the terms of the contract, debt could be paid in cash, labor, gold, corn, oil, hogs, or pretty much any commodity that can have a value set on it. In this case, Kickstarter funders expect to be paid in product (or whatever perk was promised to them).