debt
/dɛt/
Meanings
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noun
The total amount of money owed by one party to another.
- "The national debt is a significant concern for the government."
- "Many people struggle with personal debt."
- "The company went bankrupt due to mounting debts."
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noun
A financial obligation to repay a loan or borrowed money.
- "He took out a large debt to start his business."
- "They were unable to pay off their debts and filed for bankruptcy."
- "The bank demanded immediate repayment of the debt."
Pronunciation
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/dɛt/
Source: "https://commons.wikimedia.org/w/index.php?curid=711369"
Rhymes
Words rhyming with debtdebit , credit , asset,abet , get it , sweat it
Homophones
Words having the same pronunciation but different meanings, origins, or spelling,-
debit (en) : A record of transactions or financial dealings.
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debit (en) : A check drawn on an account.
Variants
List of all variants of debt that leads to same resultdebt , debtless , debts , debt service , debt services , debt burden , debt load , debt of gratitude , owe them a debt of gratitude , debt-ridden , debt to society , pay your debt to society , oxygen debt , oxygen debts , bad debt , consumer debt
Forms
Different forms of the word (e.g., verb conjugations, plural forms, comparative/superlative forms for adjectives).debts, owing, in debt, indebted
Etymology
origin and the way in which meanings have changed throughout history.Old French 'debit', from 'debitare', meaning 'to owe'.
Trivia
Any details, considerations, events or pieces of information regarding the word-
The world's largest debtor nation is the United States.
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The term 'debt' comes from the Latin word 'debitare', meaning 'to owe'.
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In ancient Rome, debtors could be sold into slavery if they were unable to repay their debts.
Related Concepts
informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to-
Credit: The opposite of debt, representing money owed to a borrower.
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Interest: The cost of borrowing money, expressed as a percentage of the loan amount.
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Bankruptcy: A legal process where an individual or business is unable to repay their debts and is relieved of the obligation to do so.
Culture
Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.Throughout history, debt has played a significant role in literature, art, and music, often representing themes of financial hardship, moral dilemmas, and social inequality. In literature, characters may struggle with personal debts, while in art and music, debt can symbolize a burden or obligation.
How to Memorize "debt"
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visualize
- Imagine a scale with money on one side and debts on the other. As debts accumulate, the scale tips and the borrower is in debt.
- Visualize a pile of bills or IOUs to represent debt.
- Imagine a ledger or account book to help remember the definition of debt. -
associate
- Associate debt with owing money or a financial obligation.
- Think of debt as a burden or a weight.
- Remember that debt is something that must be repaid. -
mnemonics
- Use the mnemonic 'Dollars Everyday Bothering' to remember the definition of debt.
- Create a mental image of a person struggling with debt to help remember the definition.
- Use the acronym 'Owe Money' to remember the meaning of debt.
Memorize "debt" using Dictozo
The best and recommended way to memorize debt is, by using Dictozo. Just save the word in Dictozo extension and let the app handle the rest. It enhances the memorization process in two ways:
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Highlighting:
Whenever users encounters the saved word on a webpage, Dictozo highlights it, drawing the user's attention and reinforcing memorization.
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Periodic Reminders:
Dictozo will send you periodic reminders to remind you the saved word, it will ask you quiz. These reminders could be in the form of notifications or emails, prompting users to recall and reinforce their knowledge.