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fund to make money available for paying off the interest or principal on (a debt). [1/5 definitions]
garnishee to confiscate by legal order (a salary, bank account, property, or the like) to satisfy an unpaid debt; garnish. [1/3 definitions]
grace period extra time allowed after a specified date or term has passed, during which an obligation, such as the repayment of a debt or the return of something borrowed, may be fulfilled without penalty.
homestead law any law prohibiting forced sale or seizure of a homestead to settle debt. [1/2 definitions]
hypothecate to pledge (property) to another as security for a loan or other debt, without legally transferring title or ownership.
in hock owing much money; in debt. [1/2 definitions]
in the black of a business, making a profit; not in debt.
in the red in debt.
IOU a signed paper acknowledging a debt and often bearing these letters, meaning "I owe you".
legal tender money that may be offered to satisfy a debt and that must, by law, be accepted by the creditor.
lien a legal claim on a piece of property when the current owner is in default on a debt or obligation.
liquidate to pay off or settle (a debt or the like). [1/5 definitions]
mortgage a written agreement by which a lender holds a claim to property until a debt is repaid. [1/3 definitions]
owe to be or feel in debt to. [2/4 definitions]
pay to give (money or other item of value) in return for something or to satisfy a debt. [2/16 definitions]
payable due to be paid, as a debt. [1/2 definitions]
payoff the full payment of a debt, salary, wager, or the like. [1/3 definitions]
pay off to finish payments on (a debt). [1/2 definitions]
quit relieved or released from some debt, duty, or the like (usu. fol. by "of"). [1/8 definitions]
quittance a freeing from something owed, such as a duty, debt, or punishment. [1/3 definitions]
redeem to pay off (a debt). [2/7 definitions]