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debt

(Encyclopedia) debt, obligation in services, money, or goods owed by one party, the debtor, to another, the creditor. When contested, debts are collected by a civil suit upon which the judge renders…

The Public Debt

See the U.S. gross debt amount from 1800 to present. Year Gross debt amount 1800 $82,976,294 1805 82,312,151 1810 53,173,218 1815 99,833,660 1820 91,015,566 1825…

The Devil's Dictionary: Debt

by Ambrose Bierce DEBAUCHEEDECALOGUEDEBT -n. An ingenious substitute for the chain and whip of the slave-driver. As, pent in an aquarium, the troutlet Swims round and round his tank…

Sara Teasedale: Debt

DebtWhat do I owe to you Who loved me deep and long? You never gave my spirit wings Or gave my heart a song.But oh, to him I loved Who loved me not at all, I owe the little open gate…

Brewer's: Bad Debts

Debts not likely to be paid. Source: Dictionary of Phrase and Fable, E. Cobham Brewer, 1894Bad FormBad Books A B C D E F G H I J K L M N O P Q R S T U V W X Y Z…

Brewer's: Debt of Nature

To pay the debt of Nature. To die. Life is a loan, not a gift, and the debt is paid off by death. “The slender debt to Nature's quickly paid.” Quarles: Emblems. Source: Dictionary of…

Brewer's: National Debt

Money borrowed by the Government, on the security of the taxes, which are pledged to the lenders for the payment of interest. The National Debt in William III.'s reign was 15,730,439. At…

The Louisiana Purchase: French Debt

PaymentFrench Debt Convention Between the United States of America and the French Republic The President of the United States of America and the First Consul of the French Republic in the…

debt, public

(Encyclopedia) debt, public, indebtedness of a central government expressed in money terms, often referred to as national debt. The debt is computed differently by nearly every nation. Some…