What does debt mean? debtNoun Any financial liability or obligation incurred through borrowing (e.g., loan) or issuing (e.g., bonds) or trading (e.g., accounts and notes payable). Related Item(s):What is a commercial paper program?How is a defaulted lease treated?What are insolvency proceedings? 2020-04-27T15:10:24+02:00 Share the knowledge! Choose your platform: FacebookXRedditLinkedInTumblrPinterestVkEmail