Pronunciation

/dɛt/

Definitions

• Noun: 1. An amount of money or other resources that one owes to another, typically as a result of a loan or purchase. 2. A liability or burden, especially one that is difficult to repay or discharge. 3. A debt of gratitude or obligation to someone for a favor, kindness, or service. 4. (informal) A person’s record of defeats or losses in a competition.

Phrases

• “In debt to someone” implies owing a financial or moral obligation to another.
• “Pay off a debt” means to settle or repay a financial obligation.
• “Live within one’s means” refers to not having debts beyond one’s ability to pay.

Example Sentences

• Noun: “He accumulated a large debt by overspending on his credit card.”
• Verb: “The couple is working hard to pay off their mortgage debt.”
• Interjection: “Oh no, I’ve forgotten to pay my utility bill this month – I’m in quite a debt.”

Synonyms

• Liability
• Obligation
• Arrears
• Debt load
• Burden
• Credit
• Gratitude

Antonyms

• Asset
• Equity
• Freedom from debt
• Clear slate
• Independence