What does DEBTS mean?
Debts
- Parts of Speech: Noun
- Definition: Debts are amounts of money that are owed or due to be paid by one person or organization to another.
- Pronunciations: (US: /dɛts/; UK: /dɛts/)
- Origin and Usage: The word "debt" originates from the Old French word "dete" which means "a debt or a due". It has been in use in English since the 13th century. Debts are a common part of modern society, with individuals, companies, and governments all borrowing and lending money.
- Synonyms: liabilities, obligations, arrears, dues, debts payable
- Related Words: loans, bills, funds, costs, taxes
- Example Sentences:
- He was struggling to pay off his debts.
- The company was burdened with a large amount of debt.
- She had to take out a loan to pay off her debts.
- The government was criticized for its high levels of national debt.
- He owed a debt of gratitude to his mentor.
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