debt

n. 1 money etc. Owed (debt of gratitude). 2 state of owing (in debt; get into debt).  in a person's debt under obligation to a person. [latin debeo debit- owe]

n. 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.