debt

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Related to Debts: Bad debts, national debts

be in (one's) debt

1. Literally, to owe one money. That's what loan sharks do—they get you to be in their debt and then squeeze you dry.
2. To owe one gratitude (or, more rarely, some form of compensation, such as a favor) for their help. Helen's the one who got me a job at that great company, so I'm forever in her debt.
See also: debt

debt to nature

A euphemism for death. When I'm ready to pay my debt to nature, I hope I'm surrounded by my family.
See also: debt, nature

get into debt

To come to be in a position of owing money to someone or something (such as a bank or other lending institution). If you spend more with your credit cards than you can reasonably pay off, you'll get into debt before you know it.
See also: debt, get

head over heels in debt

Having amassed a large amount of debt. After I graduated from law school, I found myself head over heels in debt. If you don't curtail your credit card spending, you'll be head over heels in debt before you know it.
See also: debt, head, heel, over

in debt

1. Literally, owing one money. A noun or pronoun can be used between "in" and "debt." That's what loan sharks do—they get you in debt and then squeeze you dry.
2. Owing one gratitude (or, more rarely, some form of compensation, such as a favor) for their help. A noun or pronoun can be used between "in" and "debt." Helen's the one who got me a job at that great company, so I'm forever in her debt.
See also: debt

in debt to (someone or something)

1. Literally, owing one money. That's what loan sharks do—they get you in debt to them and then squeeze you dry.
2. Owing one gratitude (or, more rarely, some form of compensation, such as a favor) for their help. Helen's the one who got me a job at that great company, so I'm forever in debt to her.
See also: debt

make good on (something)

To fulfill an obligation, such as keeping a promise or paying a debt. You better make good on all the things you said you would deliver, or the client is not going to be happy. Trust me, I always make good on my debts, OK?
See also: good, make, on

out of debt

No longer having a debt owed to one or more other people, corporations, banks, etc. It feels so good to finally be out of debt. Now I can finally start a meaningful savings account. I know that they've been struggling to get out of debt for years.
See also: debt, of, out

owe (one) a debt of gratitude

To be extremely thankful or grateful to one for something one did. I owe my parents a debt of gratitude for all their support over the years. Without them, there's no way I could have gotten where I am today. She really went above and beyond to help me get set up in this city, so I owe her a huge debt of gratitude.
See also: debt, gratitude, of, owe

owe a debt of gratitude to (someone)

To be extremely thankful or grateful to one for something one did. I owe a debt of gratitude to my parents for all their support over the years. Without them, there's no way I could have gotten where I am today. She really went above and beyond to help me get set up in this city, so I owe a huge debt of gratitude to her.
See also: debt, gratitude, of, owe

pay (one's) debt

1. To repay some or all of the money one owes to someone else. A noun or pronoun can be used between "(one's) and "debt" to specify the type of debt one has accrued. I only won about $5,000 in the lottery, but it was enough to pay my credit card debt. I'm gonna be paying my student loan debt for nearly 20 years.
2. To serve the sentence given to one upon conviction of a crime. Often followed by "to society." In the eyes of the law, he has paid his debt to society, so he shouldn't be facing any further punishment for his past crimes. I spent nearly 15 years in prison—I paid my debt!
See also: debt, pay

pay (one's) debt to society

To serve the sentence given to one upon conviction of a crime. In the eyes of the law, he has paid his debt to society, so he shouldn't be facing any further punishment for his past crimes. I spent nearly 15 years in prison—I paid my debt to society!
See also: debt, pay, society

run into debt

To come to be in a position of owing money to someone or something (such as a bank or other lending institution). If you spend more with your credit cards than you can reasonably pay off, you'll run into debt before you know it.
See also: debt, run

up to (one's) ears in debt

Having an excessive or overwhelming amount of debt. Our cash flow is good, but we're up to our ears in debt, which is a big strain on the company. You'll be up to your ears in debt if you don't stop charging everything.
See also: debt, ear, up

head over heels in debt

Fig. deeply in debt. Finally, when she was head over heels in debt, she cut up her credit cards. I couldn't stand being head over heels in debt, so I always pay off my bills immediately.
See also: debt, head, heel, over

in debt

having debts; having much debt; owing money. Mary is deeply in debt. I am in debt to the bank for my car loan.
See also: debt

*out of debt

no longer owing a debt. (*Typically: be ~; get ~; get oneself ~.) I've taken a second job so I can get myself out of debt.
See also: debt, of, out

owe someone a debt of gratitude

a large amount of thanks owed to someone who deserves gratitude. (Actually payment of the debt is owed.) We owe you a debt of gratitude for all you have done for us.
See also: debt, gratitude, of, owe

pay one's debt (to society)

Cliché to serve a sentence for a crime, usually in prison. The judge said that Mr. Simpson had to pay his debt to society. Mr. Brown paid his debt in state prison.
See also: debt, pay

up to your ears in debt

If you are up to your ears in debt, you owe a lot of money. Tom was still up to his ears in debt with no prospect of work.
See also: debt, ear, up

be in somebody’s ˈdebt

(formal) be very grateful to somebody because they have helped you: After my divorce Ann was the only one prepared to listen to my problems, and I am forever in her debt.
See also: debt

ˌget/ˌrun into ˈdebt

begin to owe money: After she lost her job, she began to run into debt.
See also: debt, get, run
References in periodicals archive ?
On August 3, 2019, Stephen Paduano published an article in The Atlantic ('China's Investments in Rwanda Raise Familiar Questions About Debt') in which he describes Chinese investments in Africa as a 'Chinese debt trap'.
'Net debt or debt net of cash balance is a stronger determinant of emerging country spreads than gross debt based on IMF [International Monetary Fund] Working Paper 'Does Gross or Net Debt Matter More for Emerging Market Spreads?', Metodij Hadzi-Vaskov and Luca Antonio Ricci, December 2016,' the DOF added.
Debt Consolidation -- Debt consolidation is a form of debt refinancing that cam entail taking out one loan to pay off many others.
However, counter to the way implemented by many taxpayers, the repeal of the reserve method does not require them to rely on the write-off entry recorded for financial accounting purposes; Congress intended to allow a deduction for partially worthless business bad debts in the year in which ascertained worthless, provided they are charged off by the taxpayer.
In Generation Debt: Why Now is a Terrible Time to Be Young (Riverhead, 2006), 25-year-old journalist and Yale graduate Anya Kamenetz explores the growing debt of America's 24- to 35-year-olds and argues that "generation debt" is not in hock up to their contact lenses because they are slackers but because American society has broken its covenant with its children.
Simply put, a garnishment is a court order for an employer to withhold wages to be applied as payment of debt. Collection can happen directly with the creditor, or your account may be sent to a collection agency.
In the end, the summit ratified an agreement that wrote off $1 billion US in annual debt service payments of 18 of 62 countries needing a one hundred per cent debt cancellation, said Kairos.
If one factors recession and disinflation into a budgetary equation that already has a probable 6 percent deficit and a debt ratio above 100 percent among its terms, then one needs neither a spreadsheet nor even the back of an envelope to calculate that Italy's debt ratio is going to explode upwards.
Fumihito Gotoh, a senior analyst at Merrill Lynch, points out that trading houses in the lower ranking group have reduced debt by disposing of healthy, highly liquid assets instead of disposing of high-risk assets as they are supposed to be doing.
The FDCPA requires that for a "debt collector" to seek payment of a debt (rent), there must be served upon the debtor (tenant) a thirty-day notice to verify the debt.
HFJ: Norway became a forerunner amongst the OECD countries by being the first to have a comprehensive debt relief plan passed by Parliament in 1999.
It is possible for cancellation of nonrecourse debt to create COD income.
The International Monetary Fund and bondholders flex their muscles over the developing country's debt.
As Chairman Leach noted in his letter of invitation, consumer delinquencies on nonmortgage debt have increased in recent periods, and bankruptcy filings could well exceed I million in 1996.
HAVE you been in a situation where you have various debts, you do not know where to start, it takes a toll on your credit score and the debt feels like forever?