debt
Plural
debts
1
an amount of money or a favor that is owed
- After years of diligent saving, he finally managed to pay off his student debt.
- They were struggling under the weight of mounting debt and needed to seek financial advice.
- She felt a deep sense of debt to her mentor, who had guided her throughout her career.
- The company's debt continued to grow as profits failed to meet expectations.
- He repaid his friend, feeling relieved to be free of the personal debt he had owed for so long.
2
the condition or state of owing money
- She fell into debt after medical expenses.
- The state of debt forced the business to restructure.
- Many students graduate with debt from loans.
- Debt can limit personal financial freedom.
- The company struggled under the weight of debt.
3
an obligation, moral or legal, to pay or fulfill a responsibility
- He recognized a debt of gratitude to his teacher.
- The contract created a debt to complete the project.
- Citizens have a debt to obey the law.
- She felt a debt to support her community.
- The organization honored its debt to veterans.