Book debt
Debt Debt, n. [OE. dette, F. dette, LL. debita, fr. L. debitus owed, p. p. of debere to owe, prop., to have on loan; de- + habere to have. See {Habit}, and cf. {Debit}, {Due}.] 1. That which is due from one person to another, whether money, goods, or services; that which one person is bound to pay to another, or to perform for his benefit; thing owed; obligation; liability. [1913 Webster]

Your son, my lord, has paid a soldier's debt. --Shak. [1913 Webster]

When you run in debt, you give to another power over your liberty. --Franklin. [1913 Webster]

2. A duty neglected or violated; a fault; a sin; a trespass. ``Forgive us our debts.'' --Matt. vi. 12. [1913 Webster]

3. (Law) An action at law to recover a certain specified sum of money alleged to be due. --Burrill. [1913 Webster]

{Bond debt}, {Book debt}, etc. See under {Bond}, {Book}, etc.

{Debt of nature}, death. [1913 Webster]


The Collaborative International Dictionary of English. 2000.

Look at other dictionaries:

  • Book debt — Book Book (b[oo^]k), n. [OE. book, bok, AS. b[=o]c; akin to Goth. b[=o]ka a letter, in pl. book, writing, Icel. b[=o]k, Sw. bok, Dan. bog, OS. b[=o]k, D. boek, OHG. puoh, G. buch; and fr. AS. b[=o]c, b[=e]ce, beech; because the ancient Saxons and …   The Collaborative International Dictionary of English

  • book debt — ➔ debt * * * book debt UK US noun [C or U] ACCOUNTING ► money that a company has not yet received from customers who owe it money, as recorded in the company s accounts: »A company is able to charge its book debts as security for a loan …   Financial and business terms

  • book-debt — bookˈ debt noun A sum owing to a seller, as shown in the seller s business books • • • Main Entry: ↑book …   Useful english dictionary

  • book debt — debt recorded in accounting records …   English contemporary dictionary

  • book debt — /ˈbʊk dɛt/ (say book det) noun a debt due in connection with the carrying on of a profession, trade or business …   Australian English dictionary

  • book debt — A common law form of action to recover for such items as are the proper subjects of book charge, that is, proper for entry or charge in a book of account. Newton v Higgins, 2 Vt 366, 369. See book of account …   Ballentine's law dictionary

  • book debt — noun : the amount owed on a current account …   Useful english dictionary

  • action of book account or book debt — See book debt …   Ballentine's law dictionary

  • action of book debt — A form of common law action for the recovery of claims, such as are usually evidenced by a book account …   Black's law dictionary

  • action of book debt — A form of common law action for the recovery of claims, such as are usually evidenced by a book account …   Black's law dictionary

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