Webster's English Dictionary

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debt

debt \'det\ n [ME dette, debte, fr. OF dette something owed, fr. 
   (assumed)]VL debita, fr. L, pl. of debitum debt, fr. neut. of debitus, pp. 
   of debe-re to owe, fr. de- + habe-re to have 1: SIN, TRESPASS  2: a state 
   of owing  3: something owed : OBLIGATION  4: the common-law action for the 
   recovery of money held to be due