debts (Meaning)
debts
a state of being under obligation to pay or repay someone or something in return for something received, something owed to another, a condition of owing, sin entry 1 sense 1, trespass, the common-law action for the recovery of money held to be due, something owed, an obligation to pay or perform on another's claim, a specific sum of money or a performance due another especially by agreement (as a loan agreement), sin, trespass
Synonyms & Antonyms of debts
debts Sentence Examples
- The company struggled to manage its mounting debts, which threatened its financial stability.
- The individual had accumulated significant debts due to irresponsible spending habits.
- The government took drastic measures to reduce its national debt, implementing austerity policies.
- Creditors pressed the debtor to settle their outstanding debts, resorting to legal action.
- The student loan crisis left many graduates burdened with overwhelming debts.
- The financial crisis caused a surge in consumer debts, leading to a decline in economic activity.
- The charity provides assistance to individuals facing hardship due to crippling debts.
- The government offered debt relief programs to help struggling citizens.
- The business owner negotiated a repayment plan to settle his business debts.
- The financial advisor recommended a debt consolidation strategy to manage multiple debts more effectively.
FAQs About the word debts
a state of being under obligation to pay or repay someone or something in return for something received, something owed to another, a condition of owing, sin en
liabilities,obligations, bonds, bankruptcies,scores, arrears, arrearages, insolvencies, debits, defaults
assets,repayments,quittances,quietuses
The company struggled to manage its mounting debts, which threatened its financial stability.
The individual had accumulated significant debts due to irresponsible spending habits.
The government took drastic measures to reduce its national debt, implementing austerity policies.
Creditors pressed the debtor to settle their outstanding debts, resorting to legal action.
