debt n
1. the state of owing something (especially money); "he is badly in debt"
2. money or goods or services owed by one person to another
3. an obligation to pay or do something

Debt \Debt\, n. [OE. dette, F. dette, LL. debita, fr. L. debitus owed, p. p. of debere to owe, prop., to have on loan; de- + habere to have. See Habit, and cf. Debit, Due.]
1. 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. Your son, my lord, has paid a soldier's debt. --Shak. When you run in debt, you give to another power over your liberty. --Franklin.
2. A duty neglected or violated; a fault; a sin; a trespass. ``Forgive us our debts.'' --Matt. vi. 12.
3. (Law) An action at law to recover a certain specified sum of money alleged to be due. --Burrill. Bond debt, Book debt, etc. See under Bond, Book, etc. Debt of nature, death.

See more meaning on Debt...

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• United States public debt: as two calculations: "Debt Held by the Public", defined as U.S. Treasury securities held by institutions outside the United States ...
• Developing countries' debt: Developing countries' debt is external debt incurred by the governments of Third World countries , generally in quantities beyond the ...
• External debt: External debt (or foreign debt) is that part of the total debt in a country that is owed to creditor s outside the country. ...
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• Debt bondage: Debt bondage (or bonded labor) is an arrangement whereby a person is forced to pay off a loan with direct labor in place of currency, over ...
• Debt (game show): Debt is an American game show hosted by veteran host Wink Martindale , which aired on Lifetime from June 3, 1996 to August 14, 1998. ...