debt

The word "debt" refers to money that is borrowed and must be repaid. Notice that this word is spelled with a "b," but the "b" is silent. The sentences below show how to use "debt" as a noun:

• Roger has a large amount of debt.
• Right now Chandra and Tim have very little debt. (They don’t use their credit cards very often and they pay for almost everything with cash.)
• Some people are afraid of taking on too much debt.
• A mortgage on a house is a very common form of debt in the United States.
• Managing credit and debt is an important part of running a small business.
• The national debt for the United States is trillions and trillions of dollars.
• We owe a debt of gratitude to the firefighters who prevented our house from burning down. (debt of gratitude = this expression is used when someone does something for you for which you are grateful)

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September 16, 2014