GNU Collaborative International Dictionary of English

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1.       
   Debt , n. [OE. dette, F. dette, LL. debita, fr. L. debitus owed, p. p. of debere to owe, prop., to have on loan; de- + habere to have. See Habit, and cf. Debit, Due.]
   That which is due from one person to another, whether money, goods, or services; that which one person is bound to pay to another, or to perform for his benefit; thing owed; obligation; liability.
   1913 Webster
   Your son, my lord, has paid a soldier's debt.
   Shak.
   
   1913 Webster
   When you run in debt, you give to another power over your liberty.
   Franklin.
   
   1913 Webster
   A duty neglected or violated; a fault; a sin; a trespass. “Forgive us our debts.”  
   Matt. vi. 12.
   
   1913 Webster
   (Law) An action at law to recover a certain specified sum of money alleged to be due.
   Burrill.
   
   1913 Webster
   Bond debt, Book debt, etc. See under Bond, Book, etc. -- Debt of nature, death.
   1913 Webster