Stonegate Village in West Davis, CA offers one and two bedroom townhomes and apartments in a quiet community with resort-style amenities. Located just two miles from UC Davis, near Westlake Plaza, Stonegate Lake, and local bus stops for transportation.
Consumer debt. In economics, consumer debt is outstanding consumer debt, as opposed to that of businesses or governments. In macroeconomic terms, it is debt which is used to fund consumption rather than investment. It includes debts incurred on purchase of goods that are consumable and/or do not appreciate.
Senior Debt. A debt that has higher priority compared to another in the event of liquidation. That is, if a company goes bankrupt and is liquidated, holders of secured debt must be paid before holders of unsecured debt. In this case, the secured debt is senior debt with respect to the unsecured debt.