debt
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British pronunciation
/dɛt/

Definition & Meaning of "debt"

Debt
01

an amount of money or a favor that is owed

Wiki
debt definition and meaning
example
Example
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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.
02

the situation of owing money, usually when it is not easy to pay it back

debt definition and meaning
example
Example
click on words
After losing his job, he struggled with mounting debt from credit cards and loans.
The country's national debt has reached record levels, causing economic concerns.
03

an obligation to pay or do something

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