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Debt
01
an amount of money or a favor that is owed
02
the situation of owing money, usually when it is not easy to pay it back
03
an obligation to pay or do something
Example
Constant shopping without a budget can easily run up credit card debt.
Debt collectors may hound individuals for overdue payments.
The consumptive habits of the previous management left the company in debt.
My debts are a millstone round my neck.
The debt set heavily against his finances.
