Dictionary
A modern dictionary of Catholic terms, both common and obscure. Find accurate definitions of words and phrases.
DEBT
What is due in justice to another, whether God or man, and whether to a single individual or a number of people, a community or an organization. The obligation may be in goods or services, either material or spiritual, owed by one party (the debtor) to another (the creditor). (Etym. Latin debitum, a sum due; from debere, to owe.)
All items in this dictionary are from Fr. John Hardon's Modern Catholic Dictionary, © Eternal Life. Used with permission.
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