debt

[det]

noun

1. something that is owed or that one is bound to pay to or perform for another.

   a debt of $50.

   Synonyms: due, duty, obligation

2. a liability or obligation to pay or render something.

   My debt to her for advice is not to be discharged easily.

3. the condition of being under such an obligation.

   His gambling losses put him deeply in debt.

4. Theology.,  an offense requiring reparation; a sin; a trespass.

debt

/ dɛt /

noun

1. something that is owed, such as money, goods, or services

2. a debt that has little or no prospect of being paid

3. an obligation to pay or perform something; liability

4. the state of owing something, esp money, or of being under an obligation (esp in the phrases in debt, in ( someone's ) debt )

5. a temporary failure to maintain the necessary supply of something

   sleep debt

   oxygen debt

debt

1. Money, goods, or services owed by an individual, firm, or government to another individual, firm, or government.

Other Word Forms

• debtless adjective
• superdebt noun

Word History and Origins

Origin of debt¹

First recorded in 1175–1225; Middle English dette, from Old French, from Latin dēbita (neuter plural, taken in Vulgar Latin as feminine singular), noun use of dēbitus “owed,” past participle of dēbēre “to owe,” contraction of dēhabēre (unrecorded), from dē- de- + habēre “to have”

Word History and Origins

Origin of debt¹

C13: from Old French dette, from Latin dēbitum, from dēbēre to owe, from _de- + habēre to have; English spelling influenced by the Latin etymon

Idioms and Phrases

see head over heels (in debt).

Example Sentences

Pending that, the Ukraine loan could roll over in perpetuity and not be considered Ukraine’s debt.

Read more on The Wall Street Journal

A key component of the peak and turn of those cycles was the increasing reliance on debt to finance those massive expenditures, the respected research firm points out.

Read more on Barron's

Fitch Ratings upgraded Greece’s ratings by one step, citing the country’s declining debt and budget performance.

Read more on The Wall Street Journal

The city is facing a projected budget deficit of $1.15 billion for the coming year and has some $53 billion in pension debt, according to the Illinois Policy Institute.

Read more on The Wall Street Journal

It is always questionable to assume a singular motive behind the awesome financial power of the debt markets, but let me try to divine what happened over the past 24 hours.

Read more on BBC

Related Words

• arrears 
• bill 
• capital 
• commitment 
• credit 
• damage 
• deficit 
• due 
• indebtedness 
• liability 
• mortgage 
• obligation 
• price tag 
• receipt