DEBT — Definition of DEBT
noun
1
An action, state of mind, or object one has an obligation to perform for another, adopt toward another, or give to another.
2
The state or condition of owing something to another.
I am in your debt.
3
Money that one person or entity owes or is required to pay to another, generally as a result of a loan or other financial transaction.
4
An action at law to recover a certain specified sum of money alleged to be due.
📚 Source: en.wiktionary.org/wiki/debt
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