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Definition of Debt

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

America's fighting men and women sacrifice much to ensure that our great nation stays free. We owe a debt of gratitude to the soldiers that have paid the ultimate price for this cause, as well as for those who are blessed enough to return from the battlefield unscathed.
Allen Boyd

I think that both parties should declare the debt limit as a political weapon of mass destruction which can't be used. I mean, it is silly to have a country that has 237 years building up its reputation and then have people threaten to tear it down because they're not getting some other matter.
Warren Buffett

King of England, and you, duke of Bedford, who call yourself regent of the kingdom of France... settle your debt to the king of Heaven; return to the Maiden, who is envoy of the king of Heaven, the keys to all the good towns you took and violated in France.
Joan of Arc

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

In January we start saving money, getting out of credit card debt, funding our retirement accounts, and we're doing wonderful. Then, every single year like clockwork, starting in November, all of you fall into this trap that says, 'I have to buy this gift... I can't show up at this party and not have something for everybody.'
Suze Orman
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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