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Debt
Example
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
Example
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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