Debt Definition–noun | 1. | something that is owed or that one is bound to pay to or perform for another: a debt of $50. | | 2. | a liability or obligation to pay or render something: My debt to her for advice is not to be discharged easily. | | 3. | the condition of being under such an obligation: His gambling losses put him deeply in debt. | | 4. | Theology. an offense requiring reparation; a sin; a trespass. | |
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