debt

/det/

Thân thiện

He is working hard to pay off his debt.

Definition

1. Noun:
   • An obligation to pay or do something: A state of owing something, especially money, to another person or entity.
   • Money, goods, or services owed: The specific amount or thing that is owed.
   • The state of owing something (especially money): The condition of being under a financial obligation.

Examples of Usage

• Noun:
  • He took out a loan to pay off his existing debt.
  • The company has a significant amount of debt on its balance sheet.
  • She felt a debt of gratitude for their kindness.

Advanced Usage

• "To be in (someone's) debt": To owe someone a favor or feel grateful to them.
  • I am forever in your debt for your help during that difficult time.
• "A debt of honor": A debt that is not legally enforceable but is considered binding due to moral or ethical principles.
  • He considered the gambling loss a debt of honor and paid it promptly.
• "To pay one's debt to society": To serve a punishment, especially a prison sentence, for a crime.
  • After paying his debt to society, he worked to rebuild his life.

Variants and Related Words

• Indebted (adj): Owing money or gratitude.
  • The indebted nation sought financial assistance.
• Debtor (n): A person, company, or country that owes money.
  • The debtor agreed to a new repayment plan.

Synonyms

• Liability: Something that is a disadvantage or puts one at a financial obligation.
• Obligation: A duty or commitment to do something.

Related Phrases

• Bad debt: Money owed that is unlikely to be paid back and is often written off as a loss.
  • The bank had to write off millions in bad debts.
• National debt: The total amount of money that a country's government has borrowed.
  • The national debt is a topic of political debate.
• Debt ceiling: The maximum amount of money a government is authorized to borrow.
  • Congress voted to raise the debt ceiling.

Idioms

• "To be deep in debt": To owe a very large amount of money.
  • After the failed business venture, he found himself deep in debt.
• "To owe a debt of gratitude": To feel very thankful to someone.
  • We owe a debt of gratitude to the first responders.
• "Debt of nature": A euphemism for death.
  • He paid his debt of nature peacefully in his sleep.

Học thuật

Noun

1. an obligation to pay or do something
2. money or goods or services owed by one person to another
3. the state of owing something (especially money)
   • he is badly in debt