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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
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☛ Google Search for Debt
Liable
::
Liable
(v. t.) Bound or
obliged
in law or
equity;
responsible;
answerable;
as, the
surety
is
liable
for the debt of his
principal..
Confession
::
Confession
(n.)
Acknowledgment;
avowal,
especially
in a
matter
pertaining
to one's self; the
admission
of a debt,
obligation,
or
crime..
Adjudication
::
Adjudication
(n.) A
process
by which land is
attached
security
or in
satisfaction
of a debt.
Insolvency
::
Insolvency
(n.) The
condition
of being
insolvent;
the state or
condition
of a
person
who is
insolvent;
the
condition
of one who is
unable
to pay his debts as they fall due, or in the usual
course
of trade and
business;
as, a
merchant's
insolvency..
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..
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..
Acquit
::
Acquit
(v. t.) To
discharge,
as a claim or debt; to clear off; to pay off; to
requite..
Guaranty
::
Guaranty
(n.) In law and
common
usage:
An
undertaking
to
answer
for the
payment
of some debt, or the
performance
of some
contract
or duty, of
another,
in case of the
failure
of such other to pay or
perform;
a
guarantee;
a
warranty;
a
security..
Attach
::
Attach
(v. t.) To take by legal
authority:
(a) To
arrest
by writ, and bring
before
a
court,
as to
answer
for a debt, or a
contempt;
--
applied
to a
taking
of the
person
by a civil
process;
being now
rarely
used for the
arrest
of a
criminal.
(b) To seize or take
(goods
or real
estate)
by
virtue
of a writ or
precept
to hold the same to
satisfy
a
judgment
which may be
rendered
in the suit. See
Attachment,
4..
Pay
::
Pay (v. i.) To give a
recompense;
to make
payment,
requital,
or
satisfaction;
to
discharge
a
debt..
Alsatian
::
Alsatian
(n.) An
inhabitant
of
Alsatia
or
Alsace
in
Germany,
or of
Alsatia
or White
Friars
(a
resort
of
debtors
and
criminals)
in
London..
Del Credere
::
Del
credere
() An
agreement
by which an agent or
factor,
in
consideration
of an
additional
premium
or
commission
(called
a del
credere
commission),
engages,
when he sells goods on
credit,
to
insure,
warrant,
or
guarantee
to his
principal
the
solvency
of the
purchaser,
the
engagement
of the
factor
being to pay the debt
himself
if it is not
punctually
discharged
by the buyer when it
becomes
due..
Clear
::
Clear
(superl.)
Free from
impediment
or
obstruction;
unobstructed;
as, a clear view; to keep clear of
debt..
Clear
::
Clear (v. t.) To free from
impediment
or
incumbrance,
from
defilement,
or from
anything
injurious,
useless,
or
offensive;
as, to clear land of trees or
brushwood,
or from
stones;
to clear the sight or the
voice;
to clear one's self from debt; -- often used with of, off, away, or out..
Claim
::
Claim (n.) A right to claim or
demand
something;
a title to any debt,
privilege,
or other thing in
possession
of
another;
also, a title to
anything
which
another
should
give or
concede
to, or
confer
on, the
claimant..
Neglect
::
Neglect
(adv.)
Not to
attend
to with due care or
attention;
to
forbear
one's duty in
regard
to; to
suffer
to pass
unimproved,
unheeded,
undone,
etc.; to omit; to
disregard;
to
slight;
as, to
neglect
duty or
business;
to
neglect
to pay
debts..
Extent
::
Extent
(n.) A
peculiar
species
of
execution
upon debts due to the
crown,
under which the lands and goods of the
debtor
may be
seized
to
secure
payment..
Specialty
::
Specialty
(n.) A
contract
or
obligation
under seal; a
contract
by deed; a
writing,
under seal, given as
security
for a debt
particularly
specified..
Term
::
Term (n.) A space of time
granted
to a
debtor
for
discharging
his
obligation.
Fund
::
Fund (v. t.) To put into the form of bonds or
stocks
bearing
regular
interest;
as, to fund the
floating
debt..
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