debts (noun)
1small-debts court — noun Britain : small claims court …
2book debts — / bυk dets/ plural noun trade debts as recorded in a company’s accounts …
3debt — noun 1 sum of money owed ADJECTIVE ▪ big, crippling, enormous, heavy, high, huge, large, massive, substantial ▪ …
4limited company — noun a company that is organized to give its owners limited liability • Syn: ↑Ltd., ↑Ld. • Regions: ↑United Kingdom, ↑UK, ↑U.K., ↑Britain, ↑United Kingdom of Great Britain and Northern Ireland, ↑ …
5small-claims court — noun : a special court intended to simplify and expedite the handling of small debts or claims * * * /smawl klaymz / a special court established to handle small claims or debts, usually without the services of lawyers. Also called small debts… …
6limited liability — noun the liability of a firm s owners for no more than the capital they have invested in the firm • Hypernyms: ↑indebtedness, ↑liability, ↑financial obligation * * * noun 1. : the liability of shareholders in a corporation or a limited company 2 …
7national debt — noun the debt of the national government (as distinguished from the debts of individuals and businesses and political subdivisions) • Hypernyms: ↑debt * * * noun, pl ⋯ debts [count] : the total amount of money that the government of a country… …
8asset — noun Etymology: back formation from assets, singular, sufficient property to pay debts and legacies, from Anglo French assetz, from asez enough, from Vulgar Latin *ad satis, from Latin ad to + satis enough more at at, sad Date: 1531 1 …
9public debt — noun the total of the nation s debts: debts of local and state and national governments; an indicator of how much public spending is financed by borrowing instead of taxation • Hypernyms: ↑debt * * * noun : national debt …
10chapter 11 — noun or chapter 11 bankruptcy Usage: usually capitalized C Etymology: from Chapter 11 of the United States Bankruptcy Code : bankruptcy as provided under Chapter 11 of the Bankruptcy Code which governs corporate reorganization declared Chapter 11 …
