Debt is the state of owing money. Stress is a main reason for debt. If you are in debt or get into debt, you owe money. If you are out of debt or get out of debt, you succeed in paying all the money that you owe. He was already deeply in debt through gambling losses How can I accumulate enough cash to get out of debt?
The total accumulated amount if money the federal government has borrowed to make up shortfalls in revenue (currently in the trillions of dollars) There are three basic measures of the federal debt
An amount owed for funds borrowed The debt may be owed to an organization's own reserves, individuals, banks, or other institutions Generally, the debt is secured by a note, bond, mortgage, or other instrument that states repayment and interest provisions The note, in turn, may be secured by a lien against property or other assets
Securities such as bonds, notes, mortgages and other forms of paper that indicate the intent to repay an amount owed A company that takes on too much debt can wind up in dire financial straits See "Long-Term Debt " BACK TO TOP
That which is due from one person to another, whether money, goods, or services; that which one person is bound to pay to another, or to perform for his benefit; thing owed; obligation; liability
Total debt issued by the federal government is referred to as federal debt or gross debt Federal debt has two components: debt held by the public (federal debt held by nonfederal investors, including the Federal Reserve System) and debt held by government accounts (federal debt held by federal government trust funds, deposit insurance funds, and other federal accounts) Debt subject to limit is federal debt that is subject to a statutory limit on its issuance The current limit applies to almost all gross debt, except a small portion of the debt issued by the Department of the Treasury and the small amount of debt issued by other federal agencies (primarily the Tennessee Valley Authority and the Postal Service) [Back to top]
feelings You use debt in expressions such as I owe you a debt or I am in your debt when you are expressing gratitude for something that someone has done for you. He was so good to me that I can never repay the debt I owe him. Something owed. Anyone having borrowed money or goods from another owes a debt and is under obligation to return the goods or repay the money, usually with interest. For governments, the need to borrow in order to finance a deficit budget has led to the development of various forms of national debt. See also bankruptcy; debtor and creditor; usury
an obligation to pay or do something money or goods or services owed by one person to another the state of owing something (especially money); "he is badly in debt
an amount owed to another decreasing term assurance life assurance where the amount of cover reduces each year Usually used alongside a repayment mortgage to cover the reducing amount outstanding under the mortgage deed the legal document detailing title to a property delinquency not a moody teenager but rather the failure to make mortgage payments deposit the amount of the purchase price of the property paid by the buyer in cash
A debt is a sum of money that you owe someone. Three years later, he is still paying off his debts reducing the country's $18 billion foreign debt. see also bad debt
Financial obligations in the form of bonds, loan notes, or mortgages, which indicate that the borrower promises to repay the lender all the amount originally invested and interest by a specified date
Money borrowed from lenders for a variety of corporate or personal purposes The borrower pays interest for the use of the money and is obligated to repay the principal amount on a set date
Securities such as bonds, notes, mortgages and other forms of paper that indicate the intent to repay an amount owed A cash payment of interest and/or principal is made at a later date in time This is in contrast to an equity investment where there is an exchange of shares of common stock, or ownership of the company