What is the meaning of DEBT. Phrases containing DEBT
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DEBT
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n.
A counterclaim; a cross debt or demand; a distinct claim filed or set up by the defendant against the plaintiff's demand.
a.
Not due; not yet owing; as, an undue debt, note, or bond.
a.
Not adjusted; not settled; not brought to an equality of debt and credit; as, an unbalanced account; unbalanced books.
n.
One to whom a debt is due; creditor; -- correlative to debtor.
v. t.
To offer in payment or satisfaction of a demand, in order to save a penalty or forfeiture; as, to tender the amount of rent or debt.
a.
Free from debt.
n.
A book, paper, or document which serves to vouch the truth of accounts, or to confirm and establish facts of any kind; also, any acquittance or receipt showing the payment of a debt; as, the merchant's books are his vouchers for the correctness of his accounts; notes, bonds, receipts, and other writings, are used as vouchers in proving facts.
a.
To pass from one state or condition to another; to come into a certain condition; -- often with in or into; as, to run into evil practices; to run in debt.
n.
The seizure of the property of an individual for the use of the state; particularly applied to the seizure, by a belligerent power, of debts due from its subjects to the enemy.
v. t.
To take upon the shoulder or shoulders; as, to shoulder a basket; hence, to assume the burden or responsibility of; as, to shoulder blame; to shoulder a debt.
a.
Being of small value or importance; trivial; paltry; as, a trifling debt; a trifling affair.
n.
One who owes a debt; one who is indebted; -- correlative to creditor.
n.
A book containing a memorandum of notes and debts arranged in the order of their maturity.
a.
To answer or discharge, as a claim, debt, legal demand, or the like; to give compensation for; to pay off; to requite; as, to satisfy a claim or an execution.
v. t.
To make white; to give a fair external appearance to; to clear from imputations or disgrace; hence, to clear (a bankrupt) from obligation to pay debts.
a.
Free from any temporary estate or interest, or from mortgage, or other charge or debt; as, an estate unincumbered with dower.
v. t.
To attach (a debtor's wages, credits, or property in the hands of a third person) in the interest of the creditor.
n.
A kind of execution for a rent, as in the case of a beneficed clerk, of the profits of a benefice, till he shall have satisfied some debt established by decree; the gathering up of the fruits of a benefice during a vacancy, for the use of the next incumbent; the disposing of the goods, by the ordinary, of one who is dead, whose estate no man will meddle with.
n.
An offer, either of money to pay a debt, or of service to be performed, in order to save a penalty or forfeiture, which would be incurred by nonpayment or nonperformance; as, the tender of rent due, or of the amount of a note, with interest.
n.
A space of time granted to a debtor for discharging his obligation.
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