Debt
Definition, Meaning & Examples
Pronunciation /ˈdɛt/ · Part of speech noun
Quick meaning: Debt is a noun meaning An action, state of mind, or object one has an obligation to perform for another, adopt toward another, or give to another.
Meaning
An action, state of mind, or object one has an obligation to perform for another, adopt toward another, or give to another.
More Meanings
- The state or condition of owing something to another.
- (law) An action at law to recover a certain specified sum of money alleged to be due
- (finance) Money that one person or entity owes or is required to pay to another, generally as a result of a loan or other financial transaction.
Example Sentences
I am in your debt.
I don't own any stocks or bonds. All my money is tied up in debt.
Hey! Wait! I've got a new complaint / Forever in debt to your priceless advice
This long debt of confidence, due from me to him, whose bane and ruin I have been, shall at length be paid.
Word Forms
- debts
Related Words
Related dictionary entries include indebtedness, indebted, receivable, dette, liability, debtor.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.