out of debt

out of debt

No longer having a debt owed to another person, corporation, bank, 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
Farlex Dictionary of Idioms. © 2024 Farlex, Inc, all rights reserved.

*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
McGraw-Hill Dictionary of American Idioms and Phrasal Verbs. © 2002 by The McGraw-Hill Companies, Inc.
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