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?
basketball legend michael jordan has become the only current billionaire who shot to fame as a professional athlete forbes estimates that jordan s equity as owner of the nba s charlotte hornets is $ 416million and his net worth outside of the team to be $ 600million it reported jordan now owns 89 5 per cent of the hornets which marks an additional stake in the team since he previously owned just 80 per cent