Surname Meaning-Dobson. This surname is actually my own maiden name, which has originated from Northern Ireland through my great great grandfather, Edward Dobson. I heard from my late grandfather that Edward was actually born in County Armagh, but how true that is I don't know.
Examples of debt in a sentence. 1  He is trying to pay off gambling debts. 2  The company has run up huge debts. 3  Their debts are piling up.  He's been working three jobs in an attempt to get out of 1  debt. The company was in debt but is now turning a profit.  I am deep in 1  debt. I'm thousands of dollars in 2  debt. She went into debt to pay for college.
Secured Debt. A secured debt is one that is secured by property, which the creditor can take if you default. For example, your mortgage is secured by your home. If you default on your loan, the lender can sell your home to repay your debt. A car loan is also a secured debt.