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Can debt be used as a verb?

Can debt be used as a verb?

(transitive, archaic) To bring into debt; to place under obligation.

What is an example for debt?

Debt is anything owed by one party to another. Examples of debt include amounts owed on credit cards, car loans, and mortgages.

Are there word debts?

Debt comes from the Latin word debitum, which means “thing owed.” Often, a debt is money that you must repay someone. Debt can also mean the state of owing something — if you borrow twenty dollars from your brother, you are in debt to him until you pay him back.

How do you use dept in a sentence?

Dept sentence example

  1. Fire dept honor guard uniforms are military in style and color.
  2. This work is being pursued in collaboration with the Dept of Community, Occupational, and Family Medicine at the National University Hospital.

What is debt in simple words?

Debt is the amount of money borrowed by one party, from another. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest. In simple words, debt is money borrowed from another party, for something you can’t afford.

What type of word is debt?

1[countable] a sum of money that someone owes I need to pay off all my debts before I leave the country. an outstanding debt of $300 He had run up credit card debts of thousands of dollars.

What are the two types of debt?

There are two types of debt—instalment and revolving. Each has advantages and disadvantages.

What’s the opposite of debt?

What is the opposite of debt?

savings funds
reserves reserve
provision provisions
stockpile accumulation
nest egg

What is an example of a department?

The definition of a department is a specific division, building, organization or field of knowledge. An example of a department is a faculty group, building and program dedicated to the subject of English in a college. A unit of a warship’s crew, organized by function, such as gunnery or engineering.

What is mean by Dept?

Dept is used as a written abbreviation for department, usually in the name of a particular department.

Is debt a money?

Debt is money one person, organization, or government owes to another person, organization, or government. Typically, the person who borrows the money has a limited amount of time to pay back that money with interest (an additional amount you pay to use borrowed money).

Is debt good or bad?

What Is Good Debt? Good debt is often exemplified in the old adage “it takes money to make money.” If the debt you take on helps you generate income and build your net worth, then that can be considered positive. So can debt that improves your and your family’s life in other significant ways.

How do you use debt in a sentence?

use debt in a sentence, make example sentences of the word impossible for the developing, It is impossible for the developing countries of the world to pay off their debts to the richer countriesHe is over $5,000 in debt, and may have to declare bankruptcy.

What is an example of debt?

Debt is defined as owing money, owed money that is past due or the feeling as if you owe someone something. An example of debt is what you owe on your mortgage and car loan. An example of debt is a feeling of gratitude when someone helps you to go to college. YourDictionary definition and usage example. “Debt.”.

What is the meaning of debt?

Definition of debt. 1 : sin, trespass Forgive us our debts. 2 : something owed : obligation unable to pay off his debts owe them a debt of gratitude a criminal’s debt to society. 3 : a state of being under obligation to pay or repay someone or something in return for something received : a state of owing deeply in debt to creditors.