Definition of Debt

financial liabilities or obligations

Examples of Debt in a sentence

It looked as if filing for bankruptcy would be the only option for the business that was drowning in debt.  🔊

One way to reduce debt is by paying more than the minimum monthly credit card payment.  🔊

When the man lost his job, he could no longer pay his bill and his debt began to rise.  🔊

Even though he did not own the car, the fact that he signed the contract made it his obligation and debt.  🔊

Taking on too much debt without the funds to sustain such a lifestyle can be financial suicide.  🔊

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