“debts” is a form of
debt
/ˈdɛt/ noun
Forms debts dette det
- noun An action, state of mind, or object one has an obligation to perform for another, adopt toward another, or give to another.
- noun The state or condition of owing something to another. “I am in your debt.”
- noun (finance) Money that one person or entity owes or is required to pay to another, generally as a result of a loan or other financial transaction.
- noun (law) An action at law to recover a certain specified sum of money alleged to be due
Etymology
From Middle English dette, dett, borrowed from Old French dete (French dette), from Medieval Latin dēbita, from Latin dēbitum (“what is owed, a debt, a duty”), neuter of dēbitus, perfect passive participle of dēbeō (“to owe”), contraction of *dehibeō (“I have from”), from de (“from”) + habeō (“to have”). Doublet of debit. Displaced native Old English eofot.
The unpronounced "b" in the modern English spelling is a Latinisation from the Latin etymon dēbitum.
Webster’s 1913
- noun That which is due from one person to another, whether money, goods, or services; that which one person is bound to pay to another, or to perform for his benefit; thing owed; obligation; liability.
- noun A duty neglected or violated; a fault; a sin; a trespass. "Forgive us our debts." Matt. vi. 12.
Etymology [OE. dette, F. dette, LL. debita, fr. L. debitus owed, p. p. of debere to owe, prop., to have on loan; de- + habere to have. See Habit, and cf. Debit, Due.]
Sources: Wiktionary · Webster’s 1913 — from the Wiktionary entry “debt”, CC BY-SA 4.0. Details