debt
US /dɛt/
Definition
the state of owing something (especially money)
Tested in TOEIC business and workplace contexts.
Examples
The company worked hard to pay off its debt within two years.
Synonyms
- liabilitythe state of being legally obliged and responsible
- obligationthe social force that binds you to the courses of action demanded by that force; ; - John D.Rockefeller Jr
Collocations
- Easy pay off debtto give money in exchange for goods or services regarding off debt
- Medium accumulate credit card debtto accumulate credit card debt, meaning to get or gather together
- Hard debt restructuring plandescribing debt restructuring plan (the state of owing something (especially money))
- Very Hard saddled with crippling sovereign debtto saddled with crippling sovereign debt, meaning to put a saddle on
Learner's English edition · Curated definitions for TOEIC learners.