DEBT

Definitions

1. 1. That which is due from one person to another, whether money, goods, or services; that which one person is bound to pay to another, or to perform for his benefit; thing owed; obligation; liability. Your son, my lord, has paid a soldier's debt. Shak. When you run in debt, you give to another power over your liberty. Franklin.
2. 2. A duty neglected or violated; a fault; a sin; a trespass. "Forgive us our debts." Matt. vi. 12.
3. 3. An action at law to recover a certain specified sum of money alleged to be due. Burrill. Bond debt, Book debt, etc. See under Bond, Book, etc. -- Debt of nature, death.