|Origin:||dette, from Latin debitum, from debere 'to owe'|
debt S2 W2
a sum of money that a person or organization owes
pay (off)/repay/clear/settle etc a debt
He had enough money to pay off his outstanding debts.
Romania is paying more and more to Western banks simply to service the debt (=pay it).
when you owe money to someone [≠ credit]
in debt (to somebody)
Nearly half the students said they were in debt.
The band will be in debt to the record company for years.
£200/$1000 etc in debt
A rash business decision left him $600 in debt.
be heavily/deeply in debt (=owe a lot of money)
3 [countable usually singular]
the degree to which you have learned from or been influenced by someone or something else
the fact of being grateful to someone who has helped you:
I owe a debt of gratitude to my tutors.