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- Dictionarydebt/dɛt/
noun
- 1. a sum of money that is owed or due: "I paid off my debts" Similar
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DEBT definition: 1. something, especially money, that is owed to someone else, or the state of owing something: 2…. Learn more.
The meaning of DEBT is something owed : obligation. How to use debt in a sentence.
Jun 29, 2024 · Debt is an amount of money borrowed by one party from another. Debt is used by many corporations and individuals as a method of making large purchases that they could not afford under normal ...
Debt definition: something that is owed or that one is bound to pay to or perform for another. See examples of DEBT used in a sentence.
[countable] a sum of money that somebody owes to pay/repay a debt; I need to pay off all my debts.; I've finally cleared all my debts. After settling his debts he was left with just £2000. an outstanding debt of £300; He had run up huge credit card debts.; They had incurred debts of over $1 million.
DEBT definition: 1. an amount of money that you owe someone: 2. a situation in which you owe money to someone: 3…. Learn more.
5 meanings: 1. something that is owed, such as money, goods, or services 2. → See bad debt 3. an obligation to pay or perform.... Click for more definitions.
Jun 17, 2024 · debt, something owed.Anyone having borrowed money or goods from another owes a debt and is under obligation to return the goods or repay the money, usually with interest.For governments, the need to borrow in order to finance a deficit budget has led to the development of various forms of national debt. See also bankruptcy; debtor and creditor; usury.
Debt definition: something that is owed or that one is bound to pay to or perform for another. See examples of DEBT used in a sentence.
Debt is an obligation that requires one party, the debtor, to pay money borrowed or otherwise withheld from another party, the creditor.Debt may be owed by sovereign state or country, local government, company, or an individual.Commercial debt is generally subject to contractual terms regarding the amount and timing of repayments of principal and interest.
