Basic Details
Word: Debt
Part of Speech: Noun
Meaning: Money that someone owes to another person or organisation.
Synonyms: Obligation, liability, arrears
Antonyms: Credit, asset
Idioms and Phrases
- In debt up to one's ears: To owe a lot of money. Example: "After buying a new car and going on holiday, Im in debt up to my ears."
- Pay off one's debt: To repay what one owes. Example: "She worked hard to pay off her debt before the end of the year."
Usage Examples
Example 1: Many students graduate with a significant amount of debt from their university loans.
Example 2: He was relieved to finally pay off his debt and live without financial worry.
Example 3: The business struggled for years due to a large debt it was unable to manage.
Fun Fact
Did you know that the word "debt" comes from the Latin word "debitum," which means "something owed"? The silent "b" in the word was added in the 14th century, to reflect its Latin origins.
Famous Quote
"To be in debt is to be a slave." - African Proverb
Multiple Choice Questions (MCQs)
1. What does "debt" mean?
a) Money someone has
b) Money that someone owes
c) Money saved for the future
d) Money earned
Answer: b) Money that someone owes
2. Which of these is a synonym of "debt"?
a) Obligation
b) Wealth
c) Savings
d) Profit
Answer: a) Obligation
3. What is the opposite of "debt"?
a) Credit
b) Loss
c) Price
d) Expense
Answer: a) Credit
4. Which sentence uses "debt" correctly?
a) The debt has a big house.
b) I have finally settled my debt after a long time.
c) She enjoys eating her debt.
d) The debt is exploring the world.
Answer: b) I have finally settled my debt after a long time.
5. What does it mean to "pay off one's debt"?
a) To ignore money owed
b) To repay what is owed
c) To borrow more money
d) To lend money to friends
Answer: b) To repay what is owed
