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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It is named after its sponsor, TD Bank, a subsidiary of Canada's Toronto-Dominion Bank. TD Garden is the home arena for the Boston Bruins of the National Hockey League and Boston Celtics of the National Basketball Association. It is owned by Delaware North, whose CEO, Jeremy Jacobs, also owns the Bruins.