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debt

From Wiktionary, the free dictionary

English

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EnglishWikipedia has an article on:
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Alternative forms

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Etymology

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FromMiddle Englishdette,dett, borrowed fromOld Frenchdete (Frenchdette), fromMedieval Latindēbita, fromLatindēbitum(what is owed, a debt, a duty), neuter ofdēbitus, perfect passive participle ofdēbeō(I owe), contraction of*dehibeō(I have from), fromde(from) +habeō(I have).Doublet ofdebit.

The unpronounced "b" in the modern English spelling is aLatinisation from the Latin etymondēbitum.

Pronunciation

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Noun

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debt (countable anduncountable,pluraldebts)

  1. An action, state of mind, or object one has anobligation toperform for another,adopt toward another, orgive to another.
    • 1589,William Shakespeare,Henry IV, Part I, act 1, scene 3:
      Revenge the jeering and disdain'd contempt / Of this proud king, who studies day and night / To answer all thedebt he owes to you / Even with the bloody payment of your deaths.
    • 1850,Nathaniel Hawthorne, chapter 14, inThe Scarlet Letter:
      This longdebt of confidence, due from me to him, whose bane and ruin I have been, shall at length be paid.
  2. The state or condition of owing something to another.
    I am in yourdebt.
  3. (finance)Money that one person or entityowes or is required topay to another, generally as a result of aloan or otherfinancial transaction.
    • 1919,Upton Sinclair, chapter 15, inJimmie Higgins:
      Bolsheviki had repudiated the four-billion-dollardebt which the government of the Tsar had contracted with the bankers.
    • 2013 June 22, “Engineers of a different kind”, inThe Economist[3], volume407, number8841, page70:
      Private-equity nabobs bristle at being dubbed mere financiers. Pilingdebt onto companies’ balance-sheets is only a small part of what leveraged buy-outs are about, they insist. Improving the workings of the businesses they take over is just as core to their calling, if not more so. Much of their pleading is public-relations bluster.
    • 2004,George Carlin,When Will Jesus Bring the Pork Chops?[4],New York:Hyperion Books,→ISBN,→OCLC,→OL,page213:
      I don't own any stocks or bonds. All my money is tied up indebt.
  4. (law) Anaction at law to recover a certain specified sum of money alleged to be due[1]

Derived terms

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Related terms

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Translations

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action, state of mind, or object one has an obligation to perform for another
state or condition of owing something to another
money that one person or entity owes or is required to pay to another
The translations below need to be checked and inserted above into the appropriate translation tables. See instructions atWiktionary:Entry layout § Translations.
Translations to be checked

See also

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References

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  1. ^Alexander M[ansfield] Burrill (1850–1851), “DEBT”, inA New Law Dictionary and Glossary: [], volume(please specify |part= or |volume=I or II), New York, N.Y.: John S. Voorhies, [],→OCLC.

Further reading

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Middle English

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Noun

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debt

  1. alternative form ofdette
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