Definitions

from The American Heritage® Dictionary of the English Language, 5th Edition.

  • noun Something owed, such as money, goods, or services.
  • noun An obligation or liability to pay or render something to someone else.
  • noun The condition of owing.
  • noun Financial instruments, such as bonds, mortgages, and loans, that represent a claim to payment and rights of creditorship.
  • noun A moral or legal obligation to make reparations or undergo punishment for committing an offense.

from The Century Dictionary.

  • noun That which is due from one person to another, whether money, goods, or services, and whether payable at present or at a future time; that which one person is bound to pay to or perform for another; what one is obliged to do or to suffer; a due; a duty; an obligation.
  • noun The state of being under obligation to make payment, as of money or services, to another; figuratively, the state of being under obligation in general.
  • noun An offense requiring reparation or expiation; default of duty: a trespass; a sin.

from the GNU version of the Collaborative International Dictionary of English.

  • noun 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.
  • noun A duty neglected or violated; a fault; a sin; a trespass.
  • noun (Law) An action at law to recover a certain specified sum of money alleged to be due.
  • noun etc. See under Bond, Book, etc.
  • noun death.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun An action, state of mind, or object one has an obligation to perform for another, adopt toward another, or give to another.
  • noun The state or condition of owing something to another.
  • noun Money that one person or entity owes or is required to pay to another, generally as a result of a loan or other financial transaction.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • noun the state of owing something (especially money)
  • noun an obligation to pay or do something
  • noun money or goods or services owed by one person to another

Etymologies

from The American Heritage® Dictionary of the English Language, 4th Edition

[Middle English dette, from Old French, from Vulgar Latin *dēbita, pl. of Latin dēbitum, debt, neuter past participle of dēbēre, to owe; see ghabh- in Indo-European roots.]

from Wiktionary, Creative Commons Attribution/Share-Alike License

From Middle English dett, from Old French dete (French: dette), from Medieval Latin dēbita, from Latin dēbitum ("what is owed, a debt, a duty"), neuter of dēbitus, perfect passive participle of dēbeō ("I owe"), contraction of *dehibeō (“I have from”), from de ("from") + habeō ("I have").

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Examples

  • When many Americans hear the term "debt ceiling," they compare it to the limit placed on their credit cards.

    Jonathan Miller: Debt Ceiling for Dummies: Why Compromise Is so Necessary Jonathan 2011

  • When many Americans hear the term "debt ceiling," they compare it to the limit placed on their credit cards.

    Jonathan Miller: Debt Ceiling for Dummies: Why Compromise Is so Necessary Jonathan 2011

  • When many Americans hear the term "debt ceiling," they compare it to the limit placed on their credit cards.

    Jonathan Miller: Debt Ceiling for Dummies: Why Compromise Is so Necessary Jonathan 2011

  • When many Americans hear the term "debt ceiling," they compare it to the limit placed on their credit cards.

    Jonathan Miller: Debt Ceiling for Dummies: Why Compromise Is so Necessary Jonathan 2011

  • When many Americans hear the term "debt ceiling," they compare it to the limit placed on their credit cards.

    Jonathan Miller: Debt Ceiling for Dummies: Why Compromise Is so Necessary Jonathan 2011

  • Using the term debt and $9.5 million (AUS$9.0 million) of revolver, combined with our cash of $1.6 million (AUS$1.5 million), we paid off our $105.8 million (AUS$100.5 million) of outstanding BOSI debt.

    unknown title 2011

  • Using the term debt and $9.5 million (AUS$9.0 million) of revolver, combined with our cash of $1.6 million (AUS$1.5 million), we paid off our $105.8 million (AUS$100.5 million) of outstanding BOSI debt.

    unknown title 2011

  • Keep in mind during the second quarter we utilized about $12.3 million of cash for principal payments on a term debt and about $15.5 million for capital expenditures and capital expenditures included about $5.5 million for corn oil extraction facilities and $3.7 million for progress payments for our grain storage projects.

    unknown title 2011

  • When many Americans hear the term "debt ceiling," they compare it to the limit placed on their credit cards.

    Forbes.com: News Victoria Pynchon 2011

  • Our term debt maturity schedule including amortization and taking account of the $28 million revolver that matures in 2012 is now as follows; in 2011, $28 million; 2012, $153 million; 2013, $165 million and thereafter $357 million.

    unknown title 2011

Comments

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  • 'First person: "Lovely weather we're having."

    Second person: "We'll pay for it later."'

    —Margaret Atwood, "Commentary: Our romance with debt—we'll pay for it later," seen here.

    October 8, 2008

  • I like the last line as well. :-)

    October 8, 2008

  • debt and deficit are not the same

    April 6, 2011

  • Well done, now work on the other 'd' words. You will notice they also differ from each other.

    April 6, 2011