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 are contractual obligors?What credit ratios are used in asset-based lending?What are CRE syndicated and club lending? 2020-04-27T15:10:24+02:00 Share the knowledge! Choose your platform: FacebookXRedditLinkedInTumblrPinterestVkEmail