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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.
Jun 29, 2024 · Debt is something one party owes another, typically money. Companies and individuals often take on debt to make large purchases they could not afford without it. Debt can be secured...
A debt is the sum of money that is borrowed for a certain period of time and is to be return along with the interest. The amount as well as the approval of the debt depends upon the creditworthiness of the borrower. There are different types of debts that vary with the requirements of the borrower. What is debt?
The meaning of DEBT is something owed : obligation. How to use debt 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.
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 ...
Definition of debt noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
a situation in which you owe money to someone: We don't want to get into debt. He's heavily in debt. be in sb's debt. to feel grateful to someone who has helped you or given you something: I shall forever be in your debt. (Definition of debt from the Cambridge Learner's Dictionary © Cambridge University Press)
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.
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.
