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.

Lern More About Debt

Rente :: Rente (n.) In France, interest payable by government on indebtedness; the bonds, shares, stocks, etc., which represent government indebtedness..
Creditor :: Creditor (n.) One who gives credit in business matters; hence, one to whom money is due; -- correlative to debtor..
Broken :: Broken (v. t.) Ruined financially; incapable of redeeming promises made, or of paying debts incurred; as, a broken bank; a broken tradesman..
Shoulder :: Shoulder (v. t.) To take upon the shoulder or shoulders; as, to shoulder a basket; hence, to assume the burden or responsibility of; as, to shoulder blame; to shoulder a debt..
Distress :: Distress (n.) To seize for debt; to distrain.
Industry :: Industry (n.) Habitual diligence in any employment or pursuit, either bodily or mental; steady attention to business; assiduity; -- opposed to sloth and idleness; as, industry pays debts, while idleness or despair will increase them..
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..
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..
Composition :: Composition (n.) The adjustment of a debt, or avoidance of an obligation, by some form of compensation agreed on between the parties; also, the sum or amount of compensation agreed upon in the adjustment..
Compound :: Compound (v. t.) To settle amicably; to adjust by agreement; to compromise; to discharge from obligation upon terms different from those which were stipulated; as, to compound a debt..
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..
Liable :: Liable (v. t.) Bound or obliged in law or equity; responsible; answerable; as, the surety is liable for the debt of his principal..
Novation :: Novation (n.) A substitution of a new debt for an old one; also, the remodeling of an old obligation..
Discharge :: Discharge (v. t.) To throw off the obligation of, as a duty or debt; to relieve one's self of, by fulfilling conditions, performing duty, trust, and the like; hence, to perform or execute, as an office, or part..
Release :: Release (n.) Discharge from obligation or responsibility, as from debt, penalty, or claim of any kind; acquittance..
Indebting :: Indebting (p. pr. & vb. n.) of Indeb.
Swell :: Swell (v. i.) To become larger in amount; as, many little debts added, swell to a great amount..
Fund :: Fund (v. t.) To put into the form of bonds or stocks bearing regular interest; as, to fund the floating debt..
Compounder :: Compounder (n.) One who compounds a debt, obligation, or crime..
Garnishee :: Garnishee (n.) One who is garnished; a person upon whom garnishment has been served in a suit by a creditor against a debtor, such person holding property belonging to the debtor, or owing him money..
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