Definition of debt

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

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Collector :: Collector (n.) One authorized to collect debts.
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..
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..
Hypothecation :: Hypothecation (n.) The act or contract by which property is hypothecated; a right which a creditor has in or to the property of his debtor, in virtue of which he may cause it to be sold and the price appropriated in payment of his debt. This is a right in the thing, or jus in re..
Elegit :: Elegit (n.) A judicial writ of execution, by which a defendant's goods are appraised and delivered to the plaintiff, and, if not sufficient to satisfy the debt, all of his lands are delivered, to be held till the debt is paid by the rents and profits, or until the defendant's interest has expired..
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..
Insolvent :: Insolvent (a.) Not solvent; not having sufficient estate to pay one's debts; unable to pay one's debts as they fall due, in the ordinary course of trade and business; as, in insolvent debtor..
Whitewash :: Whitewash (v. t.) To make white; to give a fair external appearance to; to clear from imputations or disgrace; hence, to clear (a bankrupt) from obligation to pay debts..
Delegation :: Delegation (n.) A kind of novation by which a debtor, to be liberated from his creditor, gives him a third person, who becomes obliged in his stead to the creditor, or to the person appointed by him..
Indebtedness :: Indebtedness (n.) The sum owed; debts, collectively..
Collect :: Collect (v. t.) To demand and obtain payment of, as an account, or other indebtedness; as, to collect taxes..
Confession :: Confession (n.) Acknowledgment; avowal, especially in a matter pertaining to one's self; the admission of a debt, obligation, or crime..
Pledge :: Pledge (n.) The transfer of possession of personal property from a debtor to a creditor as security for a debt or engagement; also, the contract created between the debtor and creditor by a thing being so delivered or deposited, forming a species of bailment; also, that which is so delivered or deposited; something put in pawn..
Extricate :: Extricate (v. t.) To free, as from difficulties or perplexities; to disentangle; to disembarrass; as, to extricate a person from debt, peril, etc..
Debit :: Debit (v. t.) To charge with debt; -- the opposite of, and correlative to, credit; as, to debit a purchaser for the goods sold..
Indebting :: Indebting (p. pr. & vb. n.) of Indeb.
Responsibility :: Responsibility (n.) The state of being responsible, accountable, or answerable, as for a trust, debt, or obligation..
Insolvent :: Insolvent (a.) Not sufficient to pay all the debts of the owner; as, an insolvent estate..
Indebted :: Indebted (imp. & p. p.) of Indeb.
Extend :: Extend (v. t.) To value, as lands taken by a writ of extent in satisfaction of a debt; to assign by writ of extent..
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