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?
Basketball legend, author, and civil rights figure William âBillâ Russell revolutionized pro basketball with new concepts in defense and his philosophy of team play. He led the Boston Celtics to 11 world championships, and is considered one of the NBAâs greatest players.