ENGLISH DICTIONARY

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

  1. The state or condition of owing something to another.
  2. (law) An action at law to recover a certain specified sum of money alleged to be due
  3. (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

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.