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?
In 1965, they drafted Rick Barry in the first round who went on to become NBA Rookie of the Year that season and then led the Warriors to the NBA finals in the 1966â67 season, losing (four games to two) to Chamberlain's new team that had replaced the Warriors in Philadelphia, the 76ers.hey were owned by Peter A. Tyrrell, who also owned the Philadelphia Rockets of the American Hockey League. Tyrrell hired Eddie Gottlieb, a longtime basketball promoter in the Philadelphia area, as coach and general manager. He named the team after an early professional team in the city.