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Debt Definition & Meaning - Merriam-Webster
https://www.merriam-webster.com/dictionary/debt
WebSynonyms of debt. 1. : something owed : obligation. unable to pay off his debts. owe them a debt of gratitude. a criminal's debt to society. 2. : a state of being under obligation to pay or …
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Debt: What It Is, How It Works, Types, and Ways to Pay Back - Investopedia
https://www.investopedia.com/terms/d/debt.asp
WebMar 25, 2024 · Debt is something one party owes another, typically money. Companies and individuals often take on debt to make large purchases they could not afford without it. Debt can be secured...
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DEBT Definition & Meaning | Dictionary.com
https://www.dictionary.com/browse/debt
Webnoun. something that is owed or that one is bound to pay to or perform for another: a debt of $50. Synonyms: due, duty, obligation. a liability or obligation to pay or render something: My debt to her for advice is not to be discharged easily. the condition of being under such an obligation: His gambling losses put him deeply in debt.
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Debt - Wikipedia
https://en.wikipedia.org/wiki/Debt
WebDebt is an obligation that requires one party, the debtor, to pay money borrowed or otherwise withheld from another party, the creditor. Debt may be owed by sovereign state or country, local government, company, or an individual.
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What Is Debt? - The Balance
https://www.thebalancemoney.com/what-is-debt-5119120
WebSep 21, 2021 · In This Article. Definition and Examples of Debt. How Does Debt Work? Types of Debt. Photo: Tom Werner / Getty Images. Debt is money that one entity owes to another, and it’s created anytime someone borrows money. Learn what debt is, how it works, and the most common types of debt.
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DEBT | English meaning - Cambridge Dictionary
https://dictionary.cambridge.org/dictionary/english/debt
WebDEBT definition: 1. something, especially money, that is owed to someone else, or the state of owing something: 2…. Learn more.
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What Is Debt? Definition, Types and More | Capital One
https://www.capitalone.com/learn-grow/money-management/what-is-debt/
WebMay 17, 2023 · The Consumer Financial Protection Bureau (CFPB) defines debt as money someone owes to another person or business. Some of the main types of debt include secured, unsecured, revolving and installment debt. There are things to consider when taking on debt, such as how it could affect your credit and what opportunities it may open up.
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Debt | Definition & Facts | Britannica Money
https://www.britannica.com/money/debt
WebMar 30, 2024 · debt, something owed. Anyone having borrowed money or goods from another owes a debt and is under obligation to return the goods or repay the money, usually with interest. For governments, the need to borrow in order to finance a deficit budget has led to the development of various forms of.
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What Is Debt? - Ramsey
https://www.ramseysolutions.com/debt/debt-definition
WebAug 24, 2023 · “Debt is a financial liability or obligation owed by one person, the debtor, to another, the creditor.” 1 In other words, debt is when someone borrows money (a debtor) and is responsible for paying back the person or company who loaned them that money (the creditor or lender). What’s the difference between debt and a loan?
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DEBT | meaning - Cambridge Learner's Dictionary
https://dictionary.cambridge.org/dictionary/learner-english/debt
Weban amount of money that you owe someone: She's working in a bar to try to pay off her debts. Fewer examples. an outstanding debt. They have defaulted on their debt …
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