The Collaborative International Dictionary of English v.0.48:
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.
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            Your son, my lord, has paid a soldier's debt.
                                                  --Shak.
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            When you run in debt, you give to another power over
            your liberty.                         --Franklin.
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   2. A duty neglected or violated; a fault; a sin; a trespass.
      "Forgive us our debts." --Matt. vi. 12.
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   3. (Law) An action at law to recover a certain specified sum
      of money alleged to be due. --Burrill.
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   Bond debt, Book debt, etc. See under Bond, Book, etc.
   Debt of nature, death.
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