Pronunciation: /dɛt/
noun a sum of money that is owed or due
A1 I owe money to my friend, so I have a debt to repay.
A2 She took out a loan to pay off her debt.
B1 The company's debt has been steadily increasing over the past year.
B2 The government is working on a plan to reduce the national debt.
C1 His debt to society was finally paid off after serving his prison sentence.
C2 The billionaire's massive debt was the subject of much speculation in the financial world.
adjective related to something that is owed or due
A1 She has a debt of $100 to her friend.
A2 He is struggling to pay off his debts.
B1 The company is in debt due to poor financial management.
B2 The government is facing a huge national debt.
C1 The debt crisis in the country is causing economic instability.
C2 The billionaire businessman accumulated massive debts in his failed ventures.
formal The company is struggling to pay off its debt to creditors.
informal I have a lot of debt from my student loans.
slang I'm drowning in debt, dude.
figurative His kindness towards others is a debt that can never be fully repaid.
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indebted