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Noun: debt  det
  1. Money, goods or services owed by one person to another
    "He struggled to pay off his credit card debt"
     
  2. The state of owing something (especially money)
    "he is badly in debt"
     
  3. An obligation to pay or do something
    "His gambling debt grew to unmanageable proportions"

Derived forms: debts

Type of: financial obligation, indebtedness, liabilities, liability, obligation

Encyclopedia: Debt, AIDS, Trade in Africa