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

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..
Recover :: Recover (v. t.) To gain as a compensation; to obtain in return for injury or debt; as, to recover damages in trespass; to recover debt and costs in a suit at law; to obtain title to by judgement in a court of law; as, to recover lands in ejectment or common recovery; to gain by legal process; as, to recover judgement against a defendant..
Quittance :: Quittance (v. t.) Discharge from a debt or an obligation; acquittance.
Relinquish :: Relinquish (v. t.) To give up; to renounce a claim to; resign; as, to relinquish a debt..
Principal :: Principal (n.) A capital sum of money, placed out at interest, due as a debt or used as a fund; -- so called in distinction from interest or profit..
Repudiation :: Repudiation (n.) One who favors repudiation, especially of a public debt..
Payment :: Payment (n.) The act of paying, or giving compensation; the discharge of a debt or an obligation..
Discharge :: Discharge (v. t.) To of something weighing upon or impeding over one, as a debt, claim, obligation, responsibility, accusation, etc.; to absolve; to acquit; to clear..
Tender :: Tender (n.) An offer, either of money to pay a debt, or of service to be performed, in order to save a penalty or forfeiture, which would be incurred by nonpayment or nonperformance; as, the tender of rent due, or of the amount of a note, with interest..
Composition :: Composition (n.) The adjustment of a debt, or avoidance of an obligation, by some form of compensation agreed on between the parties; also, the sum or amount of compensation agreed upon in the adjustment..
Defray :: Defray (v. t.) To pay or discharge; to serve in payment of; to provide for, as a charge, debt, expenses, costs, etc..
Contributory :: Contributory (n.) One who contributes, or is liable to be called upon to contribute, as toward the discharge of a common indebtedness..
Compound :: Compound (v. t.) To settle amicably; to adjust by agreement; to compromise; to discharge from obligation upon terms different from those which were stipulated; as, to compound a debt..
Debitor :: Debitor (n.) A debtor.
Determination :: Determination (n.) The act of determining the relations of an object, as regards genus and species; the referring of minerals, plants, or animals, to the species to which they belong; classification; as, I am indebted to a friend for the determination of most of these shells..
Quietus :: Quietus (a.) Final discharge or acquittance, as from debt or obligation; that which silences claims; (Fig.) rest; death..
Indebted :: Indebted (a.) Brought into debt; being under obligation; held to payment or requital; beholden.
Hypothecate :: Hypothecate (v. t.) To subject, as property, to liability for a debt or engagement without delivery of possession or transfer of title; to pledge without delivery of possession; to mortgage, as ships, or other personal property; to make a contract by bottomry. See Hypothecation, Bottomry..
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..
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..
Random Fonts
Most Popular

close
Privacy Policy   GDPR Policy   Terms & Conditions   Contact Us