An amount owed to a person or organization for funds borrowed. Debt can be represented by a loan note, bond, mortgage or other form stating repayment terms and, if applicable, interest requirements. These different forms all imply intent to pay back an amount owed by a specific date, which is set forth in the repayment terms. Use debt in a sentence.
Answers.comÂ® WikiAnswersÂ® Categories Sports Basketball National Basketball Association (NBA) Boston Celtics Who was the first owner of the Boston Celtics?
The majority owners of the New England Patriots have been:   - William Billy Sullivan 1960-1988   - Victor Kiam 1988 - 1992   - James Orthwein (1992-1994)  â¦ - Robert Kraft (1994 - Present) Maurice Krafft's middle name is not listed on his online biography.  He was a successful volcanologists.