| 单词 | debt |
| 释义 | debt n [Old French dette, ultimately from Latin debita, plural of debitum debt, from neuter of debitus, past participle of debere to owe] 1: something owed: as a: a specific sum of money or a performance due another esp. by agreement (as a loan agreement) to pay the ~ s...of the United States — U.S. Constitution art. I a ~ for alimony b: an obligation to pay or perform on another's claim discharged the ~ compare asset, equity 4 ◇ It is often up to the courts to decide what is or is not a debt under various laws. Courts disagree whether criminal restitution is a debt under the Bankruptcy Code. The historical practice of imprisoning debtors for nonpayment is no longer used. antecedent debt: debt that is incurred prior to a property transfer paying or securing the debt compare preference bad debt: a debt that cannot be collected ◇ An income tax deduction is allowed for bad debts. consumer debt: debt that is incurred by an individual primarily for the purchase of consumer goods or services compare consumer credit judgment debt: a debt established by a judgment and enforceable by a legal process (as an execution of judgment or attachment) c: a state of owing in ~ d: the aggregate of money owed the national ~ 2: the common-law action for the recovery of a specified sum of money or a sum that can be simply and certainly determined – called also action of debt, writ of debt; compare assumpsit, covenant |
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