Definition of debt

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

Lern More About Debt

Amortization :: Amortization (n.) The extinction of a debt, usually by means of a sinking fund; also, the money thus paid..
Hate :: Hate (n.) To be very unwilling; followed by an infinitive, or a substantive clause with that; as, to hate to get into debt; to hate that anything should be wasted..
Factorize :: Factorize (v. t.) To attach (the effects of a debtor) in the hands of a third person ; to garnish. See Garnish.
Even :: Even (a.) Balanced; adjusted; fair; equitable; impartial; just to both side; owing nothing on either side; -- said of accounts, bargains, or persons indebted; as, our accounts are even; an even bargain..
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..
Pay :: Pay (v. i.) To give a recompense; to make payment, requital, or satisfaction; to discharge a debt..
Repudiation :: Repudiation (n.) One who favors repudiation, especially of a public debt..
Insolvency :: Insolvency (n.) Insufficiency to discharge all debts of the owner; as, the insolvency of an estate..
Exchange :: Exchange (n.) The process of setting accounts or debts between parties residing at a distance from each other, without the intervention of money, by exchanging orders or drafts, called bills of exchange. These may be drawn in one country and payable in another, in which case they are called foreign bills; or they may be drawn and made payable in the same country, in which case they are called inland bills. The term bill of exchange is often abbreviated into exchange; as, to buy or sell exchange.
Interpleader :: Interpleader (n.) A proceeding devised to enable a person, of whom the same debt, duty, or thing is claimed adversely by two or more parties, to compel them to litigate the right or title between themselves, and thereby to relieve himself from the suits which they might otherwise bring against him..
Solvable :: Solvable (a.) Able to pay one's debts; solvent.
Acquit :: Acquit (v. t.) To discharge, as a claim or debt; to clear off; to pay off; to requite..
Stock :: Stock (n.) The part of a tally formerly struck in the exchequer, which was delivered to the person who had lent the king money on account, as the evidence of indebtedness. See Counterfoil..
Amortizable :: Amortizable (a.) Capable of being cleared off, as 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..
Score :: Score (n.) An account or reckoning; account of dues; bill; hence, indebtedness..
Residue :: Residue (n.) That part of a testeator's estate wwhich is not disposed of in his will by particular and special legacies and devises, and which remains after payment of debts and legacies..
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..
Retention :: Retention (n.) The right of withholding a debt, or of retaining property until a debt due to the person claiming the right be duly paid; a lien..
Pipe :: Pipe (n.) A roll formerly used in the English exchequer, otherwise called the Great Roll, on which were taken down the accounts of debts to the king; -- so called because put together like a pipe..
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