debt

  1. Noun.  An action, state of mind, or object one has an obligation to perform for another, adopt toward another, or give to another.
  2. Noun.  The state or condition of owing something to another.
  3. Noun.  Money that one person or entity owes or is required to pay to another, generally as a result of a loan or other financial transaction.

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This entry was last updated on RefTopia from its source on 3/20/2012.