American Dictionary

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Definition debt in American English

debt noun

noun
/det/
1

an amount of money that you owe

Example

By this time we had debts of over $15,000.

Example

She had run up debts of nearly $10,000.

Example

Many people experience difficulty in paying off their debts.

Example

She agreed to settle her sister's debts.

Example

The bank finally agreed to cancel the debt.

Synonyms and related words
1.1

a situation in which you owe money to other people

Example

I don't like being in debt to anyone.

Example

She was terrified of getting into debt.

Example

Many students are heavily in debt.

Synonyms and related words
2

an obligation to be grateful to someone because they have done something for you

Example

I owe a debt of gratitude to my father, who has always supported me.

Synonyms and related words
3

a debt that you owe someone for moral reasons

Example

She owed him a debt of honour for rescuing her following the accident.

Definition debt in American English