debt
debt / det/ • n. something that is owed or due: I paid off my debts | a way to reduce Third World debt. ∎ the state of owing money: heavily in debt. ∎ a feeling of gratitude for a service or favor: we owe them a debt of thanks.PHRASES: be in someone's debt owe gratitude to someone for a service or favor.
debt
debt debt of honour a debt that is not legally recoverable, especially a sum lost in gambling.
See also death pays all debts, national debt, out of debt, out of danger.
See also death pays all debts, national debt, out of debt, out of danger.
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National Debt , National Debt
BIBLIOGRAPHY
A national debt is generated when a government runs a budget deficit for consecutive fiscal years; hence its expenditures… Public Debt , public debt, indebtedness of a central government expressed in money terms, often referred to as national debt. The debt is computed differently by n… Sinking Fund , sinking fund. Originally devised in 1717 as one of numerous schemes to reduce the national debt. Legislation provided that any surplus funds from gov… Bankruptcy , Bankruptcy is the legal process by which individuals or businesses declare their inability to pay their bills and are excused from paying all or part… Execution , EXECUTION
EXECUTION (Civil ), laws concerning methods of recovering a debt.
Definition and Substance of the Concept
In Jewish law, a debt or obligati… Subrogation , SUBROGATION
The substitution of one person in the place of another with reference to a lawful claim, demand, or right, so that he or she who is subst…
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NEARBY TERMS
debt