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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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Debit
::
Debit (v. t.) To
charge
with debt; -- the
opposite
of, and
correlative
to,
credit;
as, to debit a
purchaser
for the goods
sold..
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..
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..
Redeem
::
Redeem
(v. t.) To
regain
by
performing
the
obligation
or
condition
stated;
to
discharge
the
obligation
mentioned
in, as a
promissory
note, bond, or other
evidence
of debt; as, to
redeem
bank notes with
coin..
Recognizance
::
Recognizance
(n.) An
obligation
of
record
entered
into
before
some court of
record
or
magistrate
duly
authorized,
with
condition
to do some
particular
act, as to
appear
at the same or some other
court,
to keep the
peace,
or pay a debt. A
recognizance
differs
from a bond, being
witnessed
by the
record
only, and not by the
party's
seal..
Indebted
::
Indebted
(a.)
Brought
into debt; being under
obligation;
held to
payment
or
requital;
beholden.
Unincumbered
::
Unincumbered
(a.) Free from any
temporary
estate
or
interest,
or from
mortgage,
or other
charge
or debt; as, an
estate
unincumbered
with
dower..
Surety
::
Surety
(n.) One who is bound with and for
another
who is
primarily
liable,
and who is
called
the
principal;
one who
engages
to
answer
for
another's
appearance
in
court,
or for his
payment
of a debt, or for
performance
of some act; a
bondsman;
a
bail..
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..
Duebill
::
Duebill
(n.) A brief
written
acknowledgment
of a debt, not made
payable
to
order,
like a
promissory
note..
Clear
::
Clear (v. t.) To free from
impediment
or
incumbrance,
from
defilement,
or from
anything
injurious,
useless,
or
offensive;
as, to clear land of trees or
brushwood,
or from
stones;
to clear the sight or the
voice;
to clear one's self from debt; -- often used with of, off, away, or out..
Alsatian
::
Alsatian
(n.) An
inhabitant
of
Alsatia
or
Alsace
in
Germany,
or of
Alsatia
or White
Friars
(a
resort
of
debtors
and
criminals)
in
London..
Collect
::
Collect
(v. t.) To
demand
and
obtain
payment
of, as an
account,
or other
indebtedness;
as, to
collect
taxes..
Factorize
::
Factorize
(v. t.) To
attach
(the
effects
of a
debtor)
in the hands of a third
person
; to
garnish.
See
Garnish.
Liquidate
::
Liquidate
(v. t.) To
determine
by
agreement
or by
litigation
the
precise
amount
of
(indebtedness);
or, where there is an
indebtedness
to more than one
person,
to
determine
the
precise
amount
of (each
indebtedness);
to make the
amount
of (an
indebtedness)
clear and
certain..
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..
Debt
::
Debt (n.) That which is due from one
person
to
another,
whether
money,
goods,
or
services;
that which one
person
is bound to pay to
another,
or to
perform
for his
benefit;
thing owed;
obligation;
liability..
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..
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..
Extend
::
Extend
(v. t.) To
value,
as lands taken by a writ of
extent
in
satisfaction
of a debt; to
assign
by writ of
extent..
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