Debt I Pay Company Credit Det Outstanding Heavily

• 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.
• he died heavily in debt.

debt

1. a sum of money that somebody 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.
2. the situation of owing money, especially when you cannot pay
• see also bad debt
  https://www.oxfordlearnersdictionaries.com/definition/english/bad-debt
• He died heavily in debt.
• The club is £4 million in debt.
• We were poor but we never got into debt.
• It's hard to stay out of debt when you are a student.
• a country’s foreign debt burden
3. the fact that you should feel grateful to somebody because they have helped you or been kind to you
• to owe a debt of gratitude to somebody
• I would like to acknowledge my debt to my teachers.
4. to feel grateful to somebody for their help, kindness, etc.

Extra Examples

• After a series of meetings, the banks were forced to write off the company’s debts.
• Bad debt has hit the bank’s profits this year.
• Data show that debt levels at private companies are increasing.
• Faced with a mounting burden of debt, he sold off the company.
• He used the cash to pay off personal debts.
• He wanted to consolidate his debts into one payment.
• He was burdened with crippling debts.
• He was heavily in debt by the time he sought advice.
• I am in Ruth’s debt for the excellent advice she gave me.
• In the introduction, the author acknowledges her debt to other writers on the subject.
• It is easy to get into serious debt with a credit card.
• It’ll take months to pay off all your debts.
• Managing your student loan debt is not easy.
• She ran up huge debts on her credit card.
• She used her lottery winnings to pay off her outstanding debts.
• She was simply repaying a debt, saving his career in return for him saving hers.
• The company defaulted on its debt and its assets were seized.
• The company has reached a deal allowing it to restructure its debts.
• The company has reached a deal with its major creditors allowing it to restructure its debts.
• The country has a national debt of 80% of GNP.
• The fall in exports has left the country unable to service its debts.
• The first step in managing your debt is to stop incurring it.
• The national debt stands at $7 billion.
• The new governments main aim is to tackle the country’s massive debt.
• We offer financial and debt-management advice.
• We owe a great debt of gratitude to our families for their support.
• We’re all struggling to stay out of debt.
• Without a job, he’ll never clear his debts.
• You can get out of debt by strict economizing.
• a company faced with mounting debts
• a debt secured on property
• a solution to the debt crisis of the developing world
• debts arising from bad investments
• the substantial debts that the company owed to the bank
• He died heavily in debt.
• It’s hard to stay out of debt when you are a student.
• Only two payments were made, leaving an outstanding debt of £300.
• She had run up credit card debts of thousands of dollars.
• The aid currently pouring into the country will have little impact on its massive debt burden.
• The company wrote it off as a bad debt.
• We were poor but we never got into debt.

Word Origin

• Middle English dette: from Old French, based on Latin debitum ‘something owed’, past participle of debere ‘owe’. The spelling change in French and English was by association with the Latin word.