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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.
Lern More About Debt
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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..
Debit
::
Debit (v. t.) To enter on the
debtor
(Dr.) side of an
account;
as, to debit the
amount
of goods
sold..
Adjudication
::
Adjudication
(n.) A
process
by which land is
attached
security
or in
satisfaction
of a debt.
Sink
::
Sink (v. t.) To
reduce
or
extinguish
by
payment;
as, to sink the
national
debt..
Principal
::
Principal
(n.) A chief
obligor,
promisor,
or
debtor,
-- as
distinguished
from a
surety..
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..
Pawn
::
Pawn (n.)
Anything
delivered
or
deposited
as
security,
as for the
payment
of money
borrowed,
or of a debt; a
pledge.
See
Pledge,
n., 1..
Insolvent
::
Insolvent
(a.) Not
sufficient
to pay all the debts of the
owner;
as, an
insolvent
estate..
Collector
::
Collector
(n.) One
authorized
to
collect
debts.
Duebill
::
Duebill
(n.) A brief
written
acknowledgment
of a debt, not made
payable
to
order,
like a
promissory
note..
Amortize
::
Amortize
(v. t.) To clear off or
extinguish,
as a debt,
usually
by means of a
sinking
fund..
Debtee
::
Debtee
(n.) One to whom a debt is due;
creditor;
--
correlative
to
debtor.
Non Est Factum
::
Non est
factum
() The plea of the
general
issue in an
action
of debt on bond.
Fund
::
Fund (n.) The stock of a
national
debt;
public
securities;
evidences
(stocks
or
bonds)
of money lent to
government,
for which
interest
is paid at
prescribed
intervals;
--
called
also
public
funds..
Solvable
::
Solvable
(a.) Able to pay one's
debts;
solvent.
Insolvent
::
Insolvent
(a.)
Relating
to
persons
unable
to pay their
debts.
Elegit
::
Elegit
(n.) A
judicial
writ of
execution,
by which a
defendant's
goods are
appraised
and
delivered
to the
plaintiff,
and, if not
sufficient
to
satisfy
the debt, all of his lands are
delivered,
to be held till the debt is paid by the rents and
profits,
or until the
defendant's
interest
has
expired..
Seguestration
::
Seguestration
(n.) The
seizure
of the
property
of an
individual
for the use of the
state;
particularly
applied
to the
seizure,
by a
belligerent
power,
of debts due from its
subjects
to the
enemy..
Charge
::
Charge
(v. t.) To place
something
to the
account
of as a debt; to
debit,
as, to
charge
one with
goods.
Also, to enter upon the debit side of an
account;
as, to
charge
a sum to one..
Oblige
::
Oblige
(v. t.) To bind by some favor
rendered;
to place under a debt;
hence,
to do a favor to; to
please;
to
gratify;
to
accommodate..
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