views updated May 14 2018

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.


views updated May 09 2018

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.