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Definition of debt
Thanks for using this online dictionary, we have been helping millions of people improve their use of the english language with its free online services. English definition of debt is as below...
Debt (n.) That which is due from one
person
to
another,
whether
money,
goods,
or
services;
that which one
person
is bound to pay to
another,
or to
perform
for his
benefit;
thing owed;
obligation;
liability..
Lern More About Debt
☛ Wiki Definition of Debt
☛ Wiki Article of Debt
☛ Google Meaning of Debt
☛ Google Search for Debt
Assignor
::
Assignor
(n.) An
assigner;
a
person
who
assigns
or
transfers
an
interest;
as, the
assignor
of a debt or other chose in
action..
Guarantee
::
Guarantee
(n.) In law and
common
usage:
A
promise
to
answer
for the
payment
of some debt, or the
performance
of some duty, in case of the
failure
of
another
person,
who is, in the first
instance,
liable
to such
payment
or
performance;
an
engagement
which
secures
or
insures
another
against
a
contingency;
a
warranty;
a
security.
Same as
Guaranty..
Due
::
Due (n.) That which is owed; debt; that which one
contracts
to pay, or do, to or for
another;
that which
belongs
or may be
claimed
as a
right;
whatever
custom,
law, or
morality
requires
to be done; a fee; a
toll..
Payment
::
Payment
(n.) The act of
paying,
or
giving
compensation;
the
discharge
of a debt or an
obligation..
Collector
::
Collector
(n.) One
authorized
to
collect
debts.
Owe
::
Owe (v.) To have an
obligation
to (some one) on
account
of
something
done or
received;
to be
indebted
to; as, to iwe the
grocer
for
supplies,
or a
laborer
for
services..
Lien
::
Lien (n.) A legal
claim;
a
charge
upon real or
personal
property
for the
satisfaction
of some debt or duty; a right in one to
control
or hold and
retain
the
property
of
another
until some claim of the
former
is paid or
satisfied.
Discharge
::
Discharge
(v. t.) To send away (a
creditor)
satisfied
by
payment;
to pay one's debt or
obligation
to.
Relinquish
::
Relinquish
(v. t.) To give up; to
renounce
a claim to;
resign;
as, to
relinquish
a
debt..
Absolve
::
Absolve
(v. t.) To set free, or
release,
as from some
obligation,
debt, or
responsibility,
or from the
consequences
of guilt or such ties as it would be sin or guilt to
violate;
to
pronounce
free; as, to
absolve
a
subject
from his
allegiance;
to
absolve
an
offender,
which
amounts
to an
acquittal
and
remission
of his
punishment..
Adjudication
::
Adjudication
(n.) The
decision
upon the
question
whether
the
debtor
is a
bankrupt.
Indebted
::
Indebted
(a.)
Brought
into debt; being under
obligation;
held to
payment
or
requital;
beholden.
Account
::
Account
(n.) A
registry
of
pecuniary
transactions;
a
written
or
printed
statement
of
business
dealings
or debts and
credits,
and also of other
things
subjected
to a
reckoning
or
review;
as, to keep one's
account
at the
bank..
Readjuster
::
Readjuster
(n.) One who, or that
which,
readjusts;
in some of the
States
of the
United
States,
one who
advocates
a
refunding,
and
sometimes
a
partial
repudiation,
of the State debt
without
the
consent
of the
State's
creditors..
Discharge
::
Discharge
(v. t.) To throw off the
obligation
of, as a duty or debt; to
relieve
one's self of, by
fulfilling
conditions,
performing
duty,
trust,
and the like;
hence,
to
perform
or
execute,
as an
office,
or
part..
Extort
::
Extort
(v. t.) To wrest from an
unwilling
person
by
physical
force,
menace,
duress,
torture,
or any undue or
illegal
exercise
of power or
ingenuity;
to
wrench
away
(from);
to tear away; to wring
(from);
to
exact;
as, to
extort
contributions
from the
vanquished;
to
extort
confessions
of
guilt;
to
extort
a
promise;
to
extort
payment
of a
debt..
Pipe
::
Pipe (n.) A roll
formerly
used in the
English
exchequer,
otherwise
called
the Great Roll, on which were taken down the
accounts
of debts to the king; -- so
called
because
put
together
like a
pipe..
Stock
::
Stock (n.) The part of a tally
formerly
struck
in the
exchequer,
which was
delivered
to the
person
who had lent the king money on
account,
as the
evidence
of
indebtedness.
See
Counterfoil..
Distress
::
Distress
(n.) To seize for debt; to
distrain.
Novation
::
Novation
(n.) A
substitution
of a new debt for an old one; also, the
remodeling
of an old
obligation..
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