Definition of debt

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

Lern More About Debt

Funding :: Funding (a.) Providing a fund for the payment of the interest or principal of a debt.
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..
Outlaw :: Outlaw (v. t.) To remove from legal jurisdiction or enforcement; as, to outlaw a debt or claim; to deprive of legal force..
Repudiation :: Repudiation (n.) The act of repudiating, or the state of being repuddiated; as, the repudiation of a doctrine, a wife, a debt, etc..
Acceptilation :: Acceptilation (n.) Gratuitous discharge; a release from debt or obligation without payment; free remission.
Payment :: Payment (n.) The act of paying, or giving compensation; the discharge of a debt or an obligation..
Debit :: Debit (v. t.) To charge with debt; -- the opposite of, and correlative to, credit; as, to debit a purchaser for the goods sold..
Quittance :: Quittance (v. t.) Discharge from a debt or an obligation; acquittance.
Discuss :: Discuss (v. t.) To examine or search thoroughly; to exhaust a remedy against, as against a principal debtor before proceeding against the surety..
Insure :: Insure (v. t.) Specifically, to secure against a loss by a contingent event, on certain stipulated conditions, or at a given rate or premium; to give or to take an insurance on or for; as, a merchant insures his ship or its cargo, or both, against the dangers of the sea; goods and buildings are insured against fire or water; persons are insured against sickness, accident, or death; and sometimes hazardous debts are insured..
Collector :: Collector (n.) One authorized to collect debts.
Assignor :: Assignor (n.) An assigner; a person who assigns or transfers an interest; as, the assignor of a debt or other chose in action..
Undue :: Undue (a.) Not due; not yet owing; as, an undue debt, note, or bond..
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..
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..
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..
Plunge :: Plunge (v. i.) To thrust or cast one's self into water or other fluid; to submerge one's self; to dive, or to rush in; as, he plunged into the river. Also used figuratively; as, to plunge into debt..
Swell :: Swell (v. i.) To become larger in amount; as, many little debts added, swell to a great amount..
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..
Set-off :: Set-off (n.) A counterclaim; a cross debt or demand; a distinct claim filed or set up by the defendant against the plaintiff's demand.
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