debt · noun /det/
debt (AMOUNT OWING)
B2 C an amount of money that you owe someone
Dictionary examples:
He managed to pay off his debts in two years.
The company ran up huge debts.
Learner example:
She thought of getting a loan but she already had huge debts. (First Certificate in English; B2; Greek)
debt (STATE OF OWING)
B2 U when you owe money to someone
Dictionary examples:
They are in debt to the bank.
He got into debt after he lost his job.
The company is deep in debt.
Learner example:
The consequence is that I'm in debt. (First Certificate in English; B2; Danish)
