0 something, especially money, that is owed to someone else, or the state of owing something -- 借款,欠款;債務
She keeps running up huge debts and asking friends to bail her out.
They piled up such a huge debt that they soon went bankrupt.
His economic policies have won widespread praise for reducing government debt.
The reduction in collateral relative to debt raises the costs of lending and reduces the return on investment and the aggregate rate of growth.
Thus, an income tax (on both labor and capital income) is used to cover the debt repayment.
However, those who campaign for debt relief, increased aid and direct budgetary support to solve the challenges of poverty and hunger, should take note.