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.
Answers.comÂ® WikiAnswersÂ® Categories Sports Basketball National Basketball Association (NBA) Boston Celtics Who was the first owner of the Boston Celtics?
During the Boston Garden's early years, the arena was owned by the Boston and Maine Corporation and controlled by Rickard and the Madison Square Garden. In 1934, the Madison Square Garden Corporation sold its interest in the Boston Garden to the Boston Arena Corporation, led by Henry G. Lapham.