|1.||[ noun ] (law,finance,writing,business) the state of owing something (especially money)|
"he is badly in debt"
|Related terms:||liability indebtedness|
|2.||[ noun ] money or goods or services owed by one person to another|
|Related terms:||liability liabilities loan principal score bad_debt debt_limit installment_debt public_debt arrears national_debt|
|3.||[ noun ] (law,writing,business) an obligation to pay or do something|