Another Word For Debt
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Meaning
The word "debt" refers to an amount of money or resources that one party owes to another. This obligation arises when a person borrows money or takes out a loan, promising to pay it back at a later time, often with interest. Debt can also refer to non-monetary obligations, such as a moral or ethical duty to someone.
Synonyms
- Obligation
- Liability
- Loan
- Credit
- Dues
Antonyms
- Credit
- Asset
- Surplus
- Wealth
- Abundance
Etymology
The word "debt" comes from the Latin word "debita," which is the plural of "debitum." The Latin term means "what is owed." It entered Middle English from the Old French term "dette," which retained a similar meaning.
Examples
- After graduating from college, she had to start repaying her student debt.
- The company's heavy debt load made it difficult to invest in new projects.
- He felt a moral debt to his parents for supporting him throughout his education.
- It's wise to keep track of your debts to avoid falling into financial trouble.
- The government announced a plan to help citizens consolidate their debts.