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Definition of debt
Thanks for using this online dictionary, we have been helping millions of people improve their use of the english language with its free online services. English definition of debt is as below...
Debt (n.) An
action
at law to
recover
a
certain
specified
sum of money
alleged
to be due.
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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..
Recover
::
Recover
(v. t.) To gain as a
compensation;
to
obtain
in
return
for
injury
or debt; as, to
recover
damages
in
trespass;
to
recover
debt and costs in a suit at law; to
obtain
title to by
judgement
in a court of law; as, to
recover
lands in
ejectment
or
common
recovery;
to gain by legal
process;
as, to
recover
judgement
against
a
defendant..
Readjuster
::
Readjuster
(n.) One who, or that
which,
readjusts;
in some of the
States
of the
United
States,
one who
advocates
a
refunding,
and
sometimes
a
partial
repudiation,
of the State debt
without
the
consent
of the
State's
creditors..
Run
::
Run (a.) To pass from one state or
condition
to
another;
to come into a
certain
condition;
-- often with in or into; as, to run into evil
practices;
to run in
debt..
Extent
::
Extent
(n.) A
process
of
execution
by which the lands and goods of a
debtor
are
valued
and
delivered
to the
creditor.
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..
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..
Book
::
Book (n.) A
volume
or
collection
of
sheets
in which
accounts
are kept; a
register
of debts and
credits,
receipts
and
expenditures,
etc..
Compounder
::
Compounder
(n.) One who
compounds
a debt,
obligation,
or
crime..
Discuss
::
Discuss
(v. t.) To
examine
or
search
thoroughly;
to
exhaust
a
remedy
against,
as
against
a
principal
debtor
before
proceeding
against
the
surety..
Bankrupt
::
Bankrupt
(n.) A
trader
who
becomes
unable
to pay his
debts;
an
insolvent
trader;
popularly,
any
person
who is
unable
to pay his
debts;
an
insolvent
person..
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..
Indebt
::
Indebt
(v. t.) To bring into debt; to place under
obligation;
--
chiefly
used in the
participle
indebted.
Unbalanced
::
Unbalanced
(a.) Not
adjusted;
not
settled;
not
brought
to an
equality
of debt and
credit;
as, an
unbalanced
account;
unbalanced
books..
Rente
::
Rente (n.) In
France,
interest
payable
by
government
on
indebtedness;
the
bonds,
shares,
stocks,
etc., which
represent
government
indebtedness..
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..
Payment
::
Payment
(n.) That which is paid; the thing given in
discharge
of a debt, or an
obligation,
or in
fulfillment
of a
promise;
reward;
recompense;
requital;
return..
Joint
::
"Joint
(a.)
United,
joined,
or
sharing
with
another
or with
others;
not
solitary
in
interest
or
action;
holding
in
common
with an
associate,
or with
associates;
acting
together;
as, joint heir; joint
creditor;
joint
debtor,
etc..
Adjudication
::
Adjudication
(n.) The
decision
upon the
question
whether
the
debtor
is a
bankrupt.
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..
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