debt

1. (finance) Money that one person or entity owes or is required to pay to another, generally as a result of a loan or other financial transaction.Examples: "Bolsheviki had repudiated the four-billion-dollar debt which the government of the Tsar had contracted with the bankers."; "Private-equity nabobs bristle at being dubbed mere financiers. Piling debt onto companies’ balance-sheets is only a small part of what leveraged buy-outs are about, they insist. Improving the workings of the businesses they take over is just as core to their calling, if not more so. Much of their pleading is public-relations bluster."; "I don't own any stocks or bonds. All my money is tied up in debt."countableuncountable

2. (law) An action at law to recover a certain specified sum of money alleged to be duecountableuncountable