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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
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☛ Google Search for Debt
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..
Joint
::
"Joint
(a.)
United,
joined,
or
sharing
with
another
or with
others;
not
solitary
in
interest
or
action;
holding
in
common
with an
associate,
or with
associates;
acting
together;
as, joint heir; joint
creditor;
joint
debtor,
etc..
Creditor
::
Creditor
(n.) One who gives
credit
in
business
matters;
hence,
one to whom money is due; --
correlative
to
debtor..
Liquidate
::
Liquidate
(v. t.) To
discharge;
to pay off, as an
indebtedness..
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..
Insolvent
::
Insolvent
(n.) One who is
insolvent;
as
insolvent
debtor;
-- in
England,
before
1861,
especially
applied
to
persons
not
traders..
Hypotheca
::
Hypotheca
(n.) An
obligation
by which
property
of a
debtor
was made over to his
creditor
in
security
of his debt.
Tickler
::
Tickler
(n.) A book
containing
a
memorandum
of notes and debts
arranged
in the order of their
maturity.
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..
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..
Revival
::
Revival
(n.)
Restoration
of
force,
validity,
or
effect;
renewal;
as, the
revival
of a debt
barred
by
limitation;
the
revival
of a
revoked
will, etc..
Discuss
::
Discuss
(v. t.) To
examine
or
search
thoroughly;
to
exhaust
a
remedy
against,
as
against
a
principal
debtor
before
proceeding
against
the
surety..
Diligence
::
Diligence
(n.)
Process
by which
persons,
lands,
or
effects
are
seized
for debt;
process
for
enforcing
the
attendance
of
witnesses
or the
production
of
writings..
Indebted
::
Indebted
(imp. & p. p.) of
Indeb.
Bulk
::
Bulk (n.) The main mass or body; the
largest
or
principal
portion;
the
majority;
as, the bulk of a
debt..
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..
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..
Undue
::
Undue (a.) Not due; not yet
owing;
as, an undue debt, note, or
bond..
Term
::
Term (n.) A space of time
granted
to a
debtor
for
discharging
his
obligation.
Neglect
::
Neglect
(adv.)
Not to
attend
to with due care or
attention;
to
forbear
one's duty in
regard
to; to
suffer
to pass
unimproved,
unheeded,
undone,
etc.; to omit; to
disregard;
to
slight;
as, to
neglect
duty or
business;
to
neglect
to pay
debts..
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