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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.
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...
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 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.
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.
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 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.
