Definition of debt

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

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Owe :: Owe (v.) To have an obligation to (some one) on account of something done or received; to be indebted to; as, to iwe the grocer for supplies, or a laborer for services..
Surf :: Suretyship (n.) The state of being surety; the obligation of a person to answer for the debt, default, or miscarriage of another..
Embarrass :: Embarrass (v. t.) To involve in difficulties concerning money matters; to incumber with debt; to beset with urgent claims or demands; -- said of a person or his affairs; as, a man or his business is embarrassed when he can not meet his pecuniary engagements..
Creditor :: Creditor (n.) One who gives credit in business matters; hence, one to whom money is due; -- correlative to debtor..
Specialty :: Specialty (n.) A contract or obligation under seal; a contract by deed; a writing, under seal, given as security for a debt particularly specified..
Indebt :: Indebt (v. t.) To bring into debt; to place under obligation; -- chiefly used in the participle indebted.
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..
Mortgage :: Mortgage (n.) A conveyance of property, upon condition, as security for the payment of a debt or the preformance of a duty, and to become void upon payment or performance according to the stipulated terms; also, the written instrument by which the conveyance is made..
Seize :: Seize (v. t.) To take possession of by virtue of a warrant or other legal authority; as, the sheriff seized the debtor's goods..
Assignor :: Assignor (n.) An assigner; a person who assigns or transfers an interest; as, the assignor of a debt or other chose in action..
Voucher :: Voucher (n.) A book, paper, or document which serves to vouch the truth of accounts, or to confirm and establish facts of any kind; also, any acquittance or receipt showing the payment of a debt; as, the merchant's books are his vouchers for the correctness of his accounts; notes, bonds, receipts, and other writings, are used as vouchers in proving facts..
Fail :: Fail (v. i.) To become unable to meet one's engagements; especially, to be unable to pay one's debts or discharge one's business obligation; to become bankrupt or insolvent..
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..
Receive :: Receive (v. t.) To take, as something that is offered, given, committed, sent, paid, or the like; to accept; as, to receive money offered in payment of a debt; to receive a gift, a message, or a letter..
Debit :: Debit (v. t.) To charge with debt; -- the opposite of, and correlative to, credit; as, to debit a purchaser for the goods sold..
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..
Indebtment :: Indebtment (n.) Indebtedness.
Quit :: Quit (a.) To discharge, as an obligation or duty; to meet and satisfy, as a claim or debt; to make payment for or of; to requite; to repay..
Neglect :: Neglect (adv.) Not to attend to with due care or attention; to forbear one's duty in regard to; to suffer to pass unimproved, unheeded, undone, etc.; to omit; to disregard; to slight; as, to neglect duty or business; to neglect to pay debts..
Broken :: Broken (v. t.) Ruined financially; incapable of redeeming promises made, or of paying debts incurred; as, a broken bank; a broken tradesman..
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