Definition of debt

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Debt (n.) An action at law to recover a certain specified sum of money alleged to be due.

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Account :: Account (n.) A registry of pecuniary transactions; a written or printed statement of business dealings or debts and credits, and also of other things subjected to a reckoning or review; as, to keep one's account at the bank..
Crescent :: Crescent (n.) Any one of three orders of knighthood; the first instituted by Charles I., king of Naples and Sicily, in 1268; the second by Rene of Anjou, in 1448; and the third by the Sultan Selim III., in 1801, to be conferred upon foreigners to whom Turkey might be indebted for valuable services..
Owe :: Owe (v.) Hence: To have or be under an obigation to restore, pay, or render (something) in return or compensation for something received; to be indebted in the sum of; as, the subject owes allegiance; the fortunate owe assistance to the unfortunate..
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..
Confession :: Confession (n.) Acknowledgment; avowal, especially in a matter pertaining to one's self; the admission of a debt, obligation, or crime..
I O U :: I O U () A paper having on it these letters, with a sum named, and duly signed; -- in use in England as an acknowledgment of a debt, and taken as evidence thereof, but not amounting to a promissory note; a due bill..
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..
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..
Redemptioner :: Redemptioner (n.) One who redeems himself, as from debt or servitude..
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..
Security :: Security (n.) Something given, deposited, or pledged, to make certain the fulfillment of an obligation, the performance of a contract, the payment of a debt, or the like; surety; pledge..
Indebting :: Indebting (p. pr. & vb. n.) of Indeb.
Discharge :: Discharge (v. t.) To send away (a creditor) satisfied by payment; to pay one's debt or obligation to.
Indebtedness :: Indebtedness (n.) The sum owed; debts, collectively..
Daybook :: Daybook (n.) A journal of accounts; a primary record book in which are recorded the debts and credits, or accounts of the day, in their order, and from which they are transferred to the journal..
Insolvent :: Insolvent (a.) Not sufficient to pay all the debts of the owner; as, an insolvent estate..
Re-demption :: Re-demption (n.) Performance of the obligation stated in a note, bill, bond, or other evidence of debt, by making payment to the holder..
Floating :: Floating (a.) Not funded; not fixed, invested, or determined; as, floating capital; a floating debt..
Pay :: Pay (v. t.) To discharge, as a debt, demand, or obligation, by giving or doing what is due or required; to deliver the amount or value of to the person to whom it is owing; to discharge a debt by delivering (money owed)..
Detteles :: Detteles (a.) Free from debt.
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