Definition of debt

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Debt (n.) A duty neglected or violated; a fault; a sin; a trespass.

Lern More About Debt

Debenture :: Debenture (n.) A writing acknowledging a debt; a writing or certificate signed by a public officer, as evidence of a debt due to some person; the sum thus due..
Joint :: "Joint (a.) United, joined, or sharing with another or with others; not solitary in interest or action; holding in common with an associate, or with associates; acting together; as, joint heir; joint creditor; joint debtor, etc..
Discount :: Discount (v. t.) A counting off or deduction made from a gross sum on any account whatever; an allowance upon an account, debt, demand, price asked, and the like; something taken or deducted..
Mortgage :: Mortgage (v. t.) To grant or convey, as property, for the security of a debt, or other engagement, upon a condition that if the debt or engagement shall be discharged according to the contract, the conveyance shall be void, otherwise to become absolute, subject, however, to the right of redemption..
Daybook :: Daybook (n.) A journal of accounts; a primary record book in which are recorded the debts and credits, or accounts of the day, in their order, and from which they are transferred to the journal..
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..
Owe :: Owe (v.) To have or possess, as something derived or bestowed; to be obliged to ascribe (something to some source); to be indebted or obliged for; as, he owed his wealth to his father; he owed his victory to his lieutenants..
Peon :: Peon (n.) A day laborer; a servant; especially, in some of the Spanish American countries, debtor held by his creditor in a form of qualified servitude, to work out a debt..
Principal :: Principal (n.) A chief obligor, promisor, or debtor, -- as distinguished from a surety..
Redemptioner :: Redemptioner (n.) One who redeems himself, as from debt or servitude..
Insolvent :: Insolvent (a.) Relating to persons unable to pay their debts.
Extricate :: Extricate (v. t.) To free, as from difficulties or perplexities; to disentangle; to disembarrass; as, to extricate a person from debt, peril, etc..
Rente :: Rente (n.) In France, interest payable by government on indebtedness; the bonds, shares, stocks, etc., which represent government indebtedness..
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..
Responsibility :: Responsibility (n.) The state of being responsible, accountable, or answerable, as for a trust, debt, or obligation..
Tickler :: Tickler (n.) A book containing a memorandum of notes and debts arranged in the order of their maturity.
Undue :: Undue (a.) Not due; not yet owing; as, an undue debt, note, or bond..
Discount :: Discount (v.) To deduct from an account, debt, charge, and the like; to make an abatement of; as, merchants sometimes discount five or six per cent for prompt payment of bills..
Subrotund :: Subrogation (n.) The substitution of one person in the place of another as a creditor, the new creditor succeeding to the rights of the former; the mode by which a third person who pays a creditor succeeds to his rights against the debtor..
Diligence :: Diligence (n.) Process by which persons, lands, or effects are seized for debt; process for enforcing the attendance of witnesses or the production of writings..
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