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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The Improper Bostonian was founded by Mark Semonian in 1991. His sister, Wendy, is currently the publisher. The publication has belonged to the family of its publisher since its inception. References