Laxi Dictionary

English Dictionary

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Definition debt in British 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
arrears bad debt balance
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
arrears bad debt balance
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
grateful gratitude thankful
3

the total amount of money that the government of a country owes to banks and to other countries that it has borrowed from

Synonyms and related words
arrears bad debt balance
Definition debt in British English