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 structural subordination?What is credit risk and credit risk management (CRM)?What credit ratios are used in asset-based lending? 2020-04-27T15:10:24+02:00 Share the knowledge! Choose your platform: FacebookXRedditLinkedInTumblrPinterestVkEmail