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.
Some debts are called secured debts. Secured debts have something that is collateral for the loan-that is, something that the creditor can take if you don't pay back the loan. For example, most car loans are secured loans. The car is the collateral for the loan.Your creditor can take back or repossess the car if you don't keep up with your payments.Loans for furniture are another example of secured loans. The furniture can be repossessed if you don't pay back the loan. If an item such as a car or furniture is repossessed, the creditor can then sell it.or instance, if you purchased a refrigerator and don't make the payments on the loan, your creditor can take the refrigerator back. If you used your valuable wedding ring as collateral to get a loan for vacation, your creditor can take the ring if you don't pay back the money.