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 .