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.
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Question: How many NBA titles have the Boston Celtics team won? Answer: The Boston Celtics hold the record for the most NBA Championships won by any franchise with 17 titles. Between 1957 and 1969 the Celtics won an incredible 11 Championships in 13 seasons including 8 years in a row. The Celtics were founded in 1946, they won their first NBA Championship in 1957 and their most recent in 2008. In addition to Bostons 17 Championships the franchise has also won 21 Division titles and 21 Conference titles.