Debt Meaning and Definition
Debt
Pronunciation
/dɛt/
Part of Speech
Noun
Definition
A sum of money borrowed by one party from another, often with interest or other financial obligations.
Examples
- The couple took out a debt to finance their dream home.
- Debt can have a significant impact on an individual’s credit score.
Synonyms
- Distress
- Obligation
Antonyms
- Credit
- Asset
Etymology
The word “debt” originates from the Old English word “debt”, which is derived from the Proto-Germanic word “thabtiz”, meaning “that which is due”.
Usage Notes
When using the term “debt”, it’s important to distinguish between different types, such as personal debt, government debt, and credit debt.
Cultural References
Debt has been a recurring theme in popular culture, with notable appearances in films like “The Debt” and “Debt Collectors”.
Idiomatic Expressions or Phrases
Common idioms or phrases that include the word “debt” include “in debt”, “up to my neck in debt”, and “taking on debt”.
Related Words or Phrases
Words or phrases closely related in meaning or usage to “debt” include “credit”, “borrow”, “lend”, and “owe”.
Collocations
Common word combinations with the term “debt” include “personal debt”, “national debt”, and “credit debt”.
Frequency of Use
The word “debt” is commonly used in modern language, particularly in financial and economic contexts.
Common Misspellings
Common misspellings of the word “debt” include “deete”, “deit”, and “det”.