An amount owed to a person or organization for funds borrowed. Debt can be represented by a loan note, bond, mortgage or other form stating repayment terms and, if applicable, interest requirements. These different forms all imply intent to pay back an amount owed by a specific date, which is set forth in the repayment terms. Use debt in a sentence.
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John William Henry II is an American businessman and investor and the founder of John W. Henry & Company, an investment management firm. He is the principal owner of The Boston Globe, the Boston Red Sox and Liverpool Football Club and co-owner of Roush Fenway Racing. In March 2006, Boston Magazine estimated Henry's net worth at $1.1 billion but noted that his company had recently experienced difficulties. In November 2012, the company announced that it would stop managing clients' money by the e