1. a sum of money that is owed or due: "I paid off my debts"Similarbillaccounttallyfinancial obligationoutstanding paymentamount duemoney owingduesarrearsdebitschargescheckinformal:tabarchaic:score
▪ the state of owing money: "the firm is heavily in debt"
Word OriginMiddle Englishdette: from Old French, based on Latin debitum ‘something owed’, past participle of debere ‘owe’. The spelling change in French and English was by association with the Latin word.