Definition of Debt

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Definition of Debt

Debt

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.

A duty neglected or violated; a fault; a sin; a trespass.

An action at law to recover a certain specified sum of money alleged to be due.

Related Definitions:

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Debt Quotations

I found this national debt, doubled, wrapped in a big bow waiting for me as I stepped into the Oval Office.
Barack Obama

It's God's will for you to live in prosperity instead of poverty. It's God's will for you to pay your bills and not be in debt.
Joel Osteen

Rather go to bed with out dinner than to rise in debt.
Benjamin Franklin

Like almost everyone who uses e-mail, I receive a ton of spam every day. Much of it offers to help me get out of debt or get rich quick. It would be funny if it weren't so exciting.
Bill Gates

Worrying is like paying on a debt that may never come due.
Will Rogers

A man in debt is so far a slave.
Ralph Waldo Emerson

Science does not know its debt to imagination.
Ralph Waldo Emerson

Without this playing with fantasy no creative work has ever yet come to birth. The debt we owe to the play of the imagination is incalculable.
Carl Jung

The debt we owe to the play of imagination is incalculable.
Carl Jung

It shows nobility to be willing to increase your debt to a man to whom you already owe much.
Marcus Tullius Cicero

Debt Translations

debt in Afrikaans is skuld
debt in Dutch is schuld
debt in German is Schuld, Verpflichtung, Schuld
debt in Italian is colpa
debt in Latin is debitum
debt in Norwegian is gjeld
debt in Spanish is deuda
debt in Swedish is skuld

Quotes