1. money that is owed to someone else
2. the state of owing money
3. something owed to another as a result of gratitude or obligation
Usage: figurative

Examples

• She paid off her student debt after five years.
• The company is struggling with a large debt to its suppliers.
• He went into debt to buy the new car.
• The national debt has increased significantly.
• I owe you a debt of gratitude for your help.
• They are working hard to get out of debt.
• The debt collector called about the overdue payment.