Definition of debt

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

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I O U :: I O U () A paper having on it these letters, with a sum named, and duly signed; -- in use in England as an acknowledgment of a debt, and taken as evidence thereof, but not amounting to a promissory note; a due bill..
Unincumbered :: Unincumbered (a.) Free from any temporary estate or interest, or from mortgage, or other charge or debt; as, an estate unincumbered with dower..
Clear :: Clear (v. t.) To free from impediment or incumbrance, from defilement, or from anything injurious, useless, or offensive; as, to clear land of trees or brushwood, or from stones; to clear the sight or the voice; to clear one's self from debt; -- often used with of, off, away, or out..
Pawnor :: Pawnor (n.) One who pawns or pledges anything as security for the payment of borrowed money or of a debt.
Non Est Factum :: Non est factum () The plea of the general issue in an action of debt on bond.
Assets :: Assets (n. pl.) Effects of an insolvent debtor or bankrupt, applicable to the payment of debts..
Indebtedness :: Indebtedness (n.) The state of being indebted.
Defray :: Defray (v. t.) To pay or discharge; to serve in payment of; to provide for, as a charge, debt, expenses, costs, etc..
Extent :: Extent (n.) A process of execution by which the lands and goods of a debtor are valued and delivered to the creditor.
Secure :: Secure (v. t.) To put beyond hazard of losing or of not receiving; to make certain; to assure; to insure; -- frequently with against or from, rarely with of; as, to secure a creditor against loss; to secure a debt by a mortgage..
Bankrupt :: Bankrupt (a.) Being a bankrupt or in a condition of bankruptcy; unable to pay, or legally discharged from paying, one's debts; as, a bankrupt merchant..
Irrecoverable :: Irrecoverable (a.) Not capable of being recovered, regained, or remedied; irreparable; as, an irrecoverable loss, debt, or injury..
Industry :: Industry (n.) Habitual diligence in any employment or pursuit, either bodily or mental; steady attention to business; assiduity; -- opposed to sloth and idleness; as, industry pays debts, while idleness or despair will increase them..
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..
Pay :: Pay (v. i.) To give a recompense; to make payment, requital, or satisfaction; to discharge a debt..
Abolition :: Abolition (n.) The act of abolishing, or the state of being abolished; an annulling; abrogation; utter destruction; as, the abolition of slavery or the slave trade; the abolition of laws, decrees, ordinances, customs, taxes, debts, etc..
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..
Dunner :: Dunner (n.) One employed in soliciting the payment of debts.
Post :: Post (n.) The doorpost of a victualer's shop or inn, on which were chalked the scores of customers; hence, a score; a debt..
Discharge :: Discharge (v. t.) Act of removing, or getting rid of, an obligation, liability, etc.; fulfillment, as by the payment of a debt, or the performance of a trust or duty..
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