debt — that which is owed. If you borrow money, buy something on credit or receive more money on an account than is owed, you have a debt. Glossary of Business Terms Funds owed by a debtor to a creditor. Outstanding debt obligations are assets for… … Financial and business terms
Debt — Money borrowed. The New York Times Financial Glossary * * * debt debt [det] noun 1. [countable] money that one person, organization, country etc owes to another: • The country will not receive further funds after it failed to repay debts of $16… … Financial and business terms
acknowledgement — /əkˈnɒlədʒmənt/ (say uhk noluhjmuhnt) noun 1. the act of acknowledging or admitting. 2. a recognition of the existence or truth of anything: the acknowledgement of our ignorance. 3. the recognition of the authority or validity of someone or… …
Judgment debt — Judgment Judg ment, n. [OE. jugement, F. jugement, LL. judicamentum, fr. L. judicare. See {Judge}, v. i.] [1913 Webster] 1. The act of judging; the operation of the mind, involving comparison and discrimination, by which a knowledge of the values … The Collaborative International Dictionary of English
acknowledgment of debt — recognition of financial liability, acknowledgement of financial obligation … English contemporary dictionary
AOD — UK US noun LAW ► ABBREVIATION for ACKNOWLEDGEMENT OF DEBT(Cf. ↑acknowledgement of debt) … Financial and business terms
credit — I (New American Roget s College Thesaurus) I n. faith, belief; credibility, trust; credit, borrowing power. v. t. believe, trust; credit. See accounting. II Borrowing power Nouns 1. credit, trust, score, tally, account, tab; loan (see debt);… … English dictionary for students
IOU — may refer to:* IOU (debt), an acknowledgement of debt * I.O.U. (song), by jazz funk band Freeez * Investor owned utility * A song on the indie rock album Old World Underground, Where Are You Now? See also * IOYOU … Wikipedia
sequester — ▪ I. sequester se‧ques‧ter 1 [sɪˈkwestə ǁ ər] verb [transitive] formal 1. to make a group of people, such as a jury, stay away from other people: • The jurors were sequestered under guard for the remainder of the trial … Financial and business terms
bill — I. /bɪl / (say bil) noun 1. an account of money owed for goods or services supplied. 2. a slip or ticket showing the amount owed for goods consumed or purchased, especially in a restaurant. 3. Government a form or draft of a proposed statute… …
