What is another word for is debt?

Pronunciation: [ɪz dˈɛt] (IPA)

Debt is a common term in the world of finance and economics. It refers to the amount of money that someone owes to another person or institution. There are a multitude of synonyms for the word "is debt" that can be used in various contexts. These include terms such as liabilities, owing money, arrears, deficits, and outstanding balances. Liabilities and arrears are often used in accounting contexts to refer to obligations that an individual or organization owes to others. Deficits often refer to a shortfall in government spending or revenues. Outstanding balances and owing money are terms that are more commonly used in personal finance, particularly in relation to credit card debt or mortgage payments.

What are the hypernyms for Is debt?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the opposite words for is debt?

The word "is debt" can be described as an obligation or liability that one person owes to another. Antonyms for this word could include words like asset, credit, or wealth. For instance, an asset is something that is valuable and can be used as a means of payment or as collateral for a loan, while credit is the ability of a person to obtain goods or services in advance of payment. Similarly, wealth refers to the abundance of valuable resources, such as money or property. Antonyms for debt can therefore be expressions of financial prosperity and growth rather than financial burden and obligation.

What are the antonyms for Is debt?

Famous quotes with Is debt

  • Our ministry is debt free and we have not had to beg or plead for finances.
    David Wilkerson

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