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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.) A duty
neglected
or
violated;
a
fault;
a sin; a
trespass.
Lern More About Debt
☛ Wiki Definition of Debt
☛ Wiki Article of Debt
☛ Google Meaning of Debt
☛ Google Search for Debt
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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