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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.
Mar 25, 2024 · Debt is something, usually money, owed by one party to another. Debt is used by many individuals and companies to make large purchases they could not afford under other...
1. : something owed : obligation. unable to pay off his debts. owe them a debt of gratitude. a criminal's debt to society. 2. : a state of being under obligation to pay or repay someone or something in return for something received : a state of owing. deeply in debt to creditors. 3.
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.
Definition of debt noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
A debt is a sum of money that you owe someone. Three years later, he is still paying off his debts. Shrinking economies mean falling tax revenues and more government debt. ...reducing the country's $18 billion foreign debt.
DEBT definition: 1. an amount of money that you owe someone: 2. a situation in which you owe money to someone: 3…. Learn more.
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.
Sep 21, 2021 · Debt is money that one entity owes to another, and it’s created anytime someone borrows money. Learn what debt is, how it works, and the most common types of debt.
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.
