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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.) 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..
Lern More About Debt
☛ Wiki Definition of Debt
☛ Wiki Article of Debt
☛ Google Meaning of Debt
☛ Google Search for Debt
Broken
::
Broken
(v. t.)
Ruined
financially;
incapable
of
redeeming
promises
made, or of
paying
debts
incurred;
as, a
broken
bank; a
broken
tradesman..
Incurrence
::
Incurrence
(n.) The act of
incurring,
bringing
on, or
subjecting
one's self to
(something
troublesome
or
burdensome);
as, the
incurrence
of
guilt,
debt,
responsibility,
etc..
Obligation
::
Obligation
(n.) The state of being
obligated
or
bound;
the state of being
indebted
for an act of favor or
kindness;
as, to place
others
under
obligations
to one..
Plunge
::
Plunge
(v. i.) To
thrust
or cast one's self into water or other
fluid;
to
submerge
one's self; to dive, or to rush in; as, he
plunged
into the
river.
Also used
figuratively;
as, to
plunge
into
debt..
Attach
::
Attach
(v. t.) To take by legal
authority:
(a) To
arrest
by writ, and bring
before
a
court,
as to
answer
for a debt, or a
contempt;
--
applied
to a
taking
of the
person
by a civil
process;
being now
rarely
used for the
arrest
of a
criminal.
(b) To seize or take
(goods
or real
estate)
by
virtue
of a writ or
precept
to hold the same to
satisfy
a
judgment
which may be
rendered
in the suit. See
Attachment,
4..
Debit
::
Debit (n.) A debt; an entry on the
debtor
(Dr.) side of an
account;
--
mostly
used
adjectively;
as, the debit side of an
account..
Rente
::
Rente (n.) In
France,
interest
payable
by
government
on
indebtedness;
the
bonds,
shares,
stocks,
etc., which
represent
government
indebtedness..
Indebt
::
Indebt
(v. t.) To bring into debt; to place under
obligation;
--
chiefly
used in the
participle
indebted.
Hypothecation
::
Hypothecation
(n.) The act or
contract
by which
property
is
hypothecated;
a right which a
creditor
has in or to the
property
of his
debtor,
in
virtue
of which he may cause it to be sold and the price
appropriated
in
payment
of his debt. This is a right in the
thing,
or jus in re..
Indulgence
::
Indulgence
(n.)
Remission
of the
temporal
punishment
due to sins, after the guilt of sin has been
remitted
by
sincere
repentance;
absolution
from the
censures
and
public
penances
of the
church.
It is a
payment
of the debt of
justice
to God by the
application
of the
merits
of
Christ
and his
saints
to the
contrite
soul
through
the
church.
It is
therefore
believed
to
diminish
or
destroy
for sins the
punishment
of
purgatory..
Asylum
::
Asylum
(n.) A
sanctuary
or place of
refuge
and
protection,
where
criminals
and
debtors
found
shelter,
and from which they could not be
forcibly
taken
without
sacrilege..
Embarrassment
::
Embarrassment
(n.)
Difficulty
or
perplexity
arising
from the want of money to pay
debts.
Appropriation
::
Appropriation
(n.) The
application
of
payment
of money by a
debtor
to his
creditor,
to one of
several
debts which are due from the
former
to the
latter..
Acquit
::
Acquit
(v. t.) To
discharge,
as a claim or debt; to clear off; to pay off; to
requite..
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..
Specialty
::
Specialty
(n.) A
contract
or
obligation
under seal; a
contract
by deed; a
writing,
under seal, given as
security
for a debt
particularly
specified..
Discount
::
Discount
(v. t.) A
counting
off or
deduction
made from a gross sum on any
account
whatever;
an
allowance
upon an
account,
debt,
demand,
price
asked,
and the like;
something
taken or
deducted..
Remission
::
Remission
(n.)
Discharge
from that which is due;
relinquishment
of a
claim,
right,
or
obligation;
pardon
of
transgression;
release
from
forfeiture,
penalty,
debt, etc..
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..
Score
::
Score (n.) An
account
or
reckoning;
account
of dues; bill;
hence,
indebtedness..
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