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Definition of Debt


  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.
  2. A duty neglected or violated; a fault; a sin; a trespass.
  3. An action at law to recover a certain specified sum of money alleged to be due.

Debt Quotations

The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. America has a debt problem and a failure of leadership. Americans deserve better. I, therefore, intend to oppose the effort to increase America's debt.
Barack Obama

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

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

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

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
More "Debt" Quotations

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

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