You see a lot of married men—the debt, the unemployment has broke up the family. After she lost her job, she began to run into debt. I spent nearly 15 years in prison—I paid my debt! Copyright © 2002, 2001, 1995 by Houghton Mifflin Company. A noun or pronoun can be used between "in" and "debt.". You better make good on all the things you said you would deliver, or the client is not going to be happy. By 2013, the company owed the lender about $35,000 per month—solely in interest payments—and imploded in debt. Learn new vocab by taking this fun trivia quiz! 2. I couldn't stand being head over heels in debt, so I always pay off my bills immediately. Often followed by "to society.". Without them, there's no way I could have gotten where I am today. Slang for a person who is poor or in dept = the person is "broke" An idiom for that is "That man is so poor that he doesn't have a pit to pee in." Mr. Brown paid his debt in state prison. A noun or pronoun can be used between "(one's) and "debt" to specify the type of debt one has accrued. I am in debt to the bank for my car loan. Shylock: slang a debt collector The word shylock, which has been used to refer to loan sharks, is an eponym from a Jewish … The company returned in May 2013 to Wall Streetto raise $600 million in debt and another $312 million in stock. The cost of the combined wars will probably surpass $7 trillion by 2056, when interest on the debt is considered, almost four decades from now. A noun or pronoun can be used between "in" and "debt. Owing one gratitude (or, more rarely, some form of compensation, such as a favor) for their help. Dunning—Soliciting or urgently pressing the payment of a debt. Helen's the one who got me a job at that great company, so I'm forever in her debt. students graduated with more debt in 2017 than 2016, National Debt Relief Program Discusses Today's Debt Help Options, National debt, liabilities cross Rs2.2 trillion, Moody's assigns first-time ratings to Rombo Compania Financiera S.A, Finance Ministry bringing out detailed analysis of India's external debt position, The bad-debt reserve: opportunity for partial current deduction, debit (something) against (someone or something), debit (something) to (someone or something), decide in favor of (someone or something). CPI. having debts; having much debt; owing money. She really went above and beyond to help me get set up in this city, so I owe her a huge debt of gratitude. 2. Money, goods, or services owed by an individual, firm, or government to another individual, firm, or government. Between March 31 and June 31, the amount of debt held by the public actually shrank by $47 billion. What Is SLANG Worldwide’s Net Debt? I know that they've been struggling to get out of debt for years. Local banks, meanwhile, keep securitizing their mortgage debt, sloughing off their own liabilities. The New Dictionary of Cultural Literacy, Third Edition Uses leverage. To come to be in a position of owing money to someone or something (such as a bank or other lending institution). Why Do We Have “Red States” And “Blue States”? Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. These low-income students take on debt and are also the least likely to finish. You'll be up to your ears in debt if you don't stop charging everything. To repay some or all of the money one owes to someone else. Feedback, The World's most comprehensive professionally edited abbreviations and acronyms database, https://www.acronymfinder.com/Slang/DEBT.html.

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