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?
The owner of the Los Angeles Lakers is Jerry Buss. He purchased the Los Angeles Lakers, Los Angeles Kings and the Forum (former home to the Lakers and Kings) from Jack Kent Cooke in 1979 for $67.5 million. Mr. Buss has since sold the NHL Kings. The owner of the Los Angeles Lakers is Jerry Buss. He purchased the Los Angeles Lakers, Los Angeles Kings and the Forum (former home to the Lakers and Kings) from Jack Kent Cooke in 1979 for $67.5 million. Mr. Buss has since sold the NHL Kings.