Definition Of debt


something, typically money, that is owed or due.

I paid off my debts

Example Of debt

  • * Total U.S. household credit card debt is more than $600 billion.

  • A travel policy is vital to ensure sickness or an accident don't leave you badly in debt when you come home.

  • After the divorce was granted, Rene discovered there would be no money as her husband was heavily in debt .

  • Although companies are allowed to send reminders to a person in debt , they are not allowed to harass someone.

  • Although the man did owe small sums of money, there is no evidence to suggest that he was heavily in debt .

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