Nexxo
Indexed debt
An amount owed whose value is preserved using a stable reference.
What it means
An amount owed whose value is preserved using a stable reference.
An everyday example
A USD 10 share stays USD 10 even when repaid in local currency.
Why it matters when splitting expenses
Agree the allocation rule, reference currency and settlement date with your group. Keeping these details visible helps avoid misunderstandings when expenses and repayments happen on different days.