debt Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “debt” in the English Dictionary

"debt" in British English

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debtnoun [C or U]

uk   us   /det/
B2 something, ​especiallymoney, that is ​owed to someone ​else, or the ​state of ​owing something: He ​managed to pay off his debts in two ​years. The ​company ran uphuge debts. They are in debt to (= ​owemoney to) the ​bank. He got into debt (= ​borrowedmoney) after he ​lost his ​job. The ​company is deep in debt (= ​owes a lot of ​money).
See also

expend iconexpend iconMore examples

(Definition of debt from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"debt" in American English

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debtnoun [C]

 us   /det/
something ​owed, esp. ​money: He ​managed to ​pay off his debts in two ​years. If you are in debt, you ​owemoney: We ​seem to be ​perpetually in debt. If you go into debt, you ​borrowmoney.
(Definition of debt from the Cambridge Academic Content Dictionary © Cambridge University Press)

"debt" in Business English

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debtnoun

uk   us   /det/
[C or U] FINANCE the ​amount of ​money that is ​owed by a ​person, ​company, country, etc. and that they usually have to ​payinterest on: Financing will consist of $200 million of debt in the ​form of a five-year ​termloan. Companies become ​insolvent because they cannot pay their debts.amass/incur/run up a debt of Investors fear the ​insurancecompany will have ​amassed debts of more than €22.5 million by the end of the ​year.repay/pay off/clear a debt When ​applying for a ​loan, ​customers may be ​required to prove their ​ability to ​repay the debt.settle/resolve/retire a debt The country's ​foreignexchangereserves were ​adequate to ​settle the entire debt this ​year.cut/pay down/reduce a debt Our ​creditcounselors will ​work with you to ​help you to ​reduce your debt.refinance/reschedule/restructure a debt The ​plan also ​includesrestructuring of ​long-term debts at ​lowerinterestrates.write off/cancel a debt Statelawallows cities to write off uncollectable debts with the ​approval of the city ​council. If the ​market does not ​improve, these ​businesses may not be able to service their debts, and we may see more ​bankruptcies. This ​arrangement is useful for those who need to consolidate their debts .be burdened/saddled with debt(s) Young college ​graduates are saddled with crippling debts.
[U] the ​situation of ​owingmoney, or of not having enough ​money to ​pay what you ​owe: consumer/corporate/federal debt Consumer debt is high, with record-level ​defaults on ​creditcards and ​mortgageloans. Now ​solvent, the ​conglomerate was $14 ​billion in debt when Jones took over as the new ​CEO.fall/get/go into debt With college ​tuition and ​housingpricesrising, more and more families are ​falling into debt.get/keep/stay out of debt By setting up a debt ​repaymentplan he was able to ​pay off his ​creditors and ​stay out of debt for good.
(Definition of debt from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “debt”
in Korean 빚, 빚을 진 상태…
in Arabic دَيْن…
in Malaysian hutang…
in French dette…
in Russian долг…
in Chinese (Traditional) 借款,欠款, 債務…
in Italian debito…
in Turkish borç, borçlu olma…
in Polish dług…
in Spanish deuda…
in Vietnamese nợ…
in Portuguese dívida…
in Thai ภาวะที่เป็นหนี้…
in German die Schuld…
in Catalan deute…
in Japanese 借金, 負債, 借金状態…
in Chinese (Simplified) 借款,欠款, 债务…
in Indonesian utang…
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“debt” in Business English

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