American English

How to pronounce debt

nounB1Common word
DEHT

/dɛt̚/

One syllable.

Money that a person, company, or country owes to another person, bank, or organization.

Practice out loud

Meanings & examples

noun

Money that a person, company, or country owes to another person, bank, or organization.

The company is in debt to several banks.

She paid off her credit card debt.

Good to know

In debt means owing money. It does not mean having money saved.

Common phrases & grammar

credit card debt · student debt · pay off a debt · be in debt

be in debt to + person or organization

pay off + debt

nounformalless common

Something you feel you should repay because someone has helped you or treated you kindly.

She felt a debt of gratitude to her teacher.

I owe my parents a debt that I can never repay.

Common phrases & grammar

a debt of gratitude · repay a debt

a debt of gratitude to + person

owe + person + a debt

Useful expressions

in debt

owing money

Many young adults are in debt.

a debt of gratitude

a strong feeling that you should thank someone for their help

We owe her a debt of gratitude.

Related words & forms