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?
Robert Kraft and a partner, Steve Karp, had paid $25 million to buy the home of the Patriots, Sullivan Stadium, though the team was still owned by an out-of-town entrepreneur, Victor Kiam. While Jonathan Kraftâs father angled to buy the Patriots, the son filled his free time by the Charles River coaching sports.