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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
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Abscond
::
Abscond
(v. i.) To
depart
clandestinely;
to steal off and
secrete
one's self; -- used
especially
of
persons
who
withdraw
to avoid a legal
process;
as, an
absconding
debtor..
Indebted
::
Indebted
(a.)
Placed
under
obligation
for
something
received,
for which
restitution
or
gratitude
is due; as, we are
indebted
to our
parents
for their care of us in
infancy;
indebted
to
friends
for help and
encouragement..
Seize
::
Seize (v. t.) To take
possession
of by
virtue
of a
warrant
or other legal
authority;
as, the
sheriff
seized
the
debtor's
goods..
Arrest
::
Arrest
(v. t.) To take,
seize,
or
apprehend
by
authority
of law; as, to
arrest
one for debt, or for a
crime..
Liquidate
::
Liquidate
(v. t.) In an
extended
sense:
To
ascertain
the
amount,
or the
several
amounts,
of , and apply
assets
toward
the
discharge
of (an
indebtedness)..
Acquittance
::
Acquittance
(n.) The
clearing
off of debt or
obligation;
a
release
or
discharge
from debt or other
liability.
Quit
::
Quit (a.) To
discharge,
as an
obligation
or duty; to meet and
satisfy,
as a claim or debt; to make
payment
for or of; to
requite;
to
repay..
Indulgence
::
Indulgence
(n.)
Remission
of the
temporal
punishment
due to sins, after the guilt of sin has been
remitted
by
sincere
repentance;
absolution
from the
censures
and
public
penances
of the
church.
It is a
payment
of the debt of
justice
to God by the
application
of the
merits
of
Christ
and his
saints
to the
contrite
soul
through
the
church.
It is
therefore
believed
to
diminish
or
destroy
for sins the
punishment
of
purgatory..
Embarrassment
::
Embarrassment
(n.)
Difficulty
or
perplexity
arising
from the want of money to pay
debts.
Discharge
::
Discharge
(v. t.) Act of
relieving
of
something
which
oppresses
or
weighs
upon one, as an
obligation,
liability,
debt,
accusation,
etc.;
acquittance;
as, the
discharge
of a
debtor..
Redeem
::
Redeem
(v. t.) To
regain
by
performing
the
obligation
or
condition
stated;
to
discharge
the
obligation
mentioned
in, as a
promissory
note, bond, or other
evidence
of debt; as, to
redeem
bank notes with
coin..
Amortizable
::
Amortizable
(a.)
Capable
of being
cleared
off, as a
debt..
Quittance
::
Quittance
(v. t.)
Discharge
from a debt or an
obligation;
acquittance.
Incurrence
::
Incurrence
(n.) The act of
incurring,
bringing
on, or
subjecting
one's self to
(something
troublesome
or
burdensome);
as, the
incurrence
of
guilt,
debt,
responsibility,
etc..
Remission
::
Remission
(n.)
Discharge
from that which is due;
relinquishment
of a
claim,
right,
or
obligation;
pardon
of
transgression;
release
from
forfeiture,
penalty,
debt, etc..
Extent
::
Extent
(n.) A
process
of
execution
by which the lands and goods of a
debtor
are
valued
and
delivered
to the
creditor.
Tickler
::
Tickler
(n.) A book
containing
a
memorandum
of notes and debts
arranged
in the order of their
maturity.
Floating
::
Floating
(a.) Not
funded;
not
fixed,
invested,
or
determined;
as,
floating
capital;
a
floating
debt..
Dunner
::
Dunner
(n.) One
employed
in
soliciting
the
payment
of
debts.
Incur
::
Incur (v. t.) To meet or fall in with, as
something
inconvenient,
harmful,
or
onerous;
to put one's self in the way of; to
expose
one's self to; to
become
liable
or
subject
to; to bring down upon one's self; to
encounter;
to
contract;
as, to incur debt,
danger,
displeasure/
penalty,
responsibility,
etc..
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