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?
With the establishment of the Celtics dynasty in 1957, Bill Russell became the star of the league. Game 7 of the NBA Finals was decided on a Celtics basket in the final seconds of the second overtime. For most of the late 1950s and 1960s, the Celtics always seemed to have the upper hand on Wilt Chamberlain 's teams.