Definition of debt

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

Lern More About Debt

Charge :: Charge (v. t.) To place something to the account of as a debt; to debit, as, to charge one with goods. Also, to enter upon the debit side of an account; as, to charge a sum to one..
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..
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..
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..
Adjudication :: Adjudication (n.) A process by which land is attached security or in satisfaction of a debt.
Sink :: Sink (v. t.) To reduce or extinguish by payment; as, to sink the national debt..
Broken :: Broken (v. t.) Ruined financially; incapable of redeeming promises made, or of paying debts incurred; as, a broken bank; a broken tradesman..
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..
Liable :: Liable (v. t.) Bound or obliged in law or equity; responsible; answerable; as, the surety is liable for the debt of his principal..
Tender :: Tender (n.) An offer, either of money to pay a debt, or of service to be performed, in order to save a penalty or forfeiture, which would be incurred by nonpayment or nonperformance; as, the tender of rent due, or of the amount of a note, with interest..
Guaranty :: Guaranty (n.) In law and common usage: An undertaking to answer for the payment of some debt, or the performance of some contract or duty, of another, in case of the failure of such other to pay or perform; a guarantee; a warranty; a security..
Contract :: Contract (n.) To bring on; to incur; to acquire; as, to contract a habit; to contract a debt; to contract a disease..
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..
Indebtment :: Indebtment (n.) Indebtedness.
Security :: Security (n.) An evidence of debt or of property, as a bond, a certificate of stock, etc.; as, government securities..
Dun :: Dun (n.) An urgent request or demand of payment; as, he sent his debtor a dun..
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..
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..
Dueness :: Dueness (n.) Quality of being due; debt; what is due or becoming.
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..
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