| Code | IS.RRS.PASG.KM |
| Indicator Name | Railways, passengers carried (million passenger-km) |
| Short definition | Passengers carried by railway are the number of passengers transported by rail times kilometers traveled. |
| Long definition | Passengers carried by railway are the number of passengers transported by rail times kilometers traveled. |
| Source | World Bank, Transportation, Water, and Information and Communications Technologies Department, Transport Division. |
| Topic | Infrastructure: Transportation |
| Periodicity | Annual |
| Aggregation method | Median |
FAQs
What is the word for failure to pay back a loan? ›
Default: Failure to repay a loan in accordance with the terms of the promissory note.
What happens if you go into debt? ›If you don't pay the amount due on your debt for several months your creditor will likely write your debt off as a loss, your credit score may take a hit, and you still will owe the debt. In fact, the creditor could sell your debt to a debt collector who can try to get you to pay.
What is the difference between a payment and a settlement? ›Payment is a dollar amount paid on any debt or allowance. A settlement is a payment or payments that will conclude the financial obligation in full, thus finishing the agreed term and amount in total.
What happens when you can't pay a loan back? ›Once a loan has gone into default, a few things could happen: A potentially serious drop in your credit score. Defaults can stay on your credit report for up to seven years. For federal student loans, you might see money withheld from future income tax refunds and Social Security benefits.
What happens if you borrow money and don't pay it back? ›If your personal loan is unsecured, which is often the case, the lender doesn't have any collateral to seize if you fail to repay. As mentioned previously, however, a collection agency may try to sue you for the unpaid amounts you owe, attempt to garnish your wages, or place a lien on your home through a court order.
How to pay off $20,000 in debt? ›If you have $20,000 in credit card debt that you need to pay off in three years or less, you have multiple options to consider, including:
- Take advantage of a debt relief service.
- Consolidate your debt with a home equity loan.
- Take advantage of 0% balance transfer credit cards.
Feb 15, 2024
Under the Fair Credit Reporting Act, in most cases, debts can only appear on your credit report for seven years. After that period is up, the debt can no longer be reported. Also, if you've had a delinquent account on your credit report, creditors can hold the debt against you.
What happens if you go to jail with debt? ›Debt is not wiped away or frozen in time when you go to jail. Bill collectors can continue to pursue collections while you're in jail, so it's best to set up a plan and prepare financially for jail. Your debt will continue to accumulate if you fail to close accounts that are set up with recurring billing.
Is it better to settle or not pay? ›According to Latham, a "settled in full" status on your credit report is preferable to "unpaid" or "in default," but it's not great. Settling an account rather than paying it in full and on time signals that you're a risky borrower, which will be reflected in your credit score.
What is settlement payout? ›A settlement is the final stage of the payment process, whereby the acquiring bank collects funds from the cardholder's issuing bank, through the payment gateway. The money is then deposited into the merchant's business account, minus relevant processing fees.
What does d/c settlement mean? ›
Web-Search. "D/C settlement" in online bank statements stands for Debit/Credit settlement. It refers to the process of settling a debit or credit transaction made using a signature-based debit or credit card.
What is SP payment? ›SP stands for “special payment,” which is a payment made outside of the normal billing cycle. Special payments can be made to reduce the balance of the card, pay off the full balance, or make a specific purchase.
Can bank tellers see your balance without permission? ›Can bank tellers access your account without permission? Bank tellers can technically access your account without your permission. However, banks have safety measures in place to protect your personal data and money because account access is completely recorded and monitored.
What does PP * mean on a bank statement? ›If neither the Payment Facilitator or Affiliate prefix are supplied, and the merchant does not have their own MID, the default prefix is PP* for ProPay.
What is the failure to pay back a loan called? ›Default is the failure to repay a loan according to the terms agreed to in the promissory note. For most federal student loans, you default if you have not made a payment in more than 270 days.
What is not repaying a loan called? ›What Is a Default? Default is the failure to make required interest or principal repayments on a debt, whether that debt is a loan or a security. Individuals, businesses, and even countries can default on their debt obligations. Default risk is an important consideration for creditors.
What term means not paying back your loans? ›Defaulting on a debt (See Default) Delinquent debt. An account on which a payment is past due. A creditor may report the past due account to a credit bureau. If an account becomes sufficiently delinquent, the consumer may be in default and a creditor may charge off the account.
What is the legal term for failure to pay? ›Delinquent: In civil or family cases, failing to pay an amount of money when due: In juvenile cases, a child who violated a law, local ordinance, or an order of the Superior Court.