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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Nonsolvency :: Nonsolvency (n.) Inability to pay debts; insolvency.
Principal :: Principal (n.) A capital sum of money, placed out at interest, due as a debt or used as a fund; -- so called in distinction from interest or profit..
Guarantee :: Guarantee (n.) In law and common usage: A promise to answer for the payment of some debt, or the performance of some duty, in case of the failure of another person, who is, in the first instance, liable to such payment or performance; an engagement which secures or insures another against a contingency; a warranty; a security. Same as Guaranty..
Indent :: Indent (n.) A certificate, or intended certificate, issued by the government of the United States at the close of the Revolution, for the principal or interest of the public debt..
Clear :: Clear (v. t.) To free from impediment or incumbrance, from defilement, or from anything injurious, useless, or offensive; as, to clear land of trees or brushwood, or from stones; to clear the sight or the voice; to clear one's self from debt; -- often used with of, off, away, or out..
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..
Indebted :: Indebted (a.) Brought into debt; being under obligation; held to payment or requital; beholden.
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..
Insolvable :: Insolvable (a.) Incapable of being paid or discharged, as debts..
Floating :: Floating (a.) Not funded; not fixed, invested, or determined; as, floating capital; a floating debt..
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..
Book :: Book (n.) A volume or collection of sheets in which accounts are kept; a register of debts and credits, receipts and expenditures, etc..
Insolvent :: Insolvent (a.) Relating to persons unable to pay their debts.
Insolvent :: Insolvent (n.) One who is insolvent; as insolvent debtor; -- in England, before 1861, especially applied to persons not traders..
Dette :: Dette (n.) Debt.
Discharge :: Discharge (v. t.) To send away (a creditor) satisfied by payment; to pay one's debt or obligation to.
Responsibility :: Responsibility (n.) The state of being responsible, accountable, or answerable, as for a trust, debt, or obligation..
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..
Assets :: Assets (n. pl.) Effects of an insolvent debtor or bankrupt, applicable to the payment of debts..
Satisfy :: Satisfy (a.) To answer or discharge, as a claim, debt, legal demand, or the like; to give compensation for; to pay off; to requite; as, to satisfy a claim or an execution..
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