WordLens

debt

1 of 1noun
/dɛt/
Forms:debts
1

an amount of money or a favor that is owed

B1Learn more on Wikipedia
  • 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

B2
  • 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.