The photographer has acknowledged a/his 'debt' to Andy Warhol. [=the photographer has said that his work was influenced by the photographs made by Andy Warhol]
banks with millions of dollars of 'bad debt' [=banks that have loaned millions of dollars that will not be repaid]
She's finally paid off her mortgage 'debt'. [=the money that she owed the bank to pay for her house]
(..) Immobiliare could be something new. A European conglomerate. Few families have control of such a company. It seems that, in today's world, the power to absolve debt is greater than the power of forgiveness. million dollars. Don't overestimate the power of forgiveness. Don Corleone, (..)1990 The Godfather Part III