debt

Definition

  • noun: an amount of money that you owe to a person, bank, company, etc.
  • noun: something owed
  • usually singular
  • synonyms: sin, obligation, liability

Examples

  • 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]

Movie clips

Movie quotes

  • (..) Yeah... Just tell the bankruptcy-court Morgan fails, all our accounts go under bow and ship That's just crazy! Morgan makes a sucker's bet and we pay their fucking gambling debt? Short the bank's stocks! -Wait.. Or we sell our swaps, when the market opens We get our bonuses, (..)
    2015 The Big Short
  • (..) Give it a / percent AAA-rating, no questions asked... Holy... what! Say that again! Collateralized Debt Obligations It's important to understand, because it's what allowed the housing crisis become a nationwide economic disaster. Here's world-famous chef Anthony Bourdain to explain. (..)
    2015 The Big Short