debt-free

Clear of obligations

Debt-free means owing no money to anyone—no loans, mortgages, or outstanding balances: They paid off their house and are finally debt-free.

The term often appears in personal finance contexts as a goal or lifestyle: the debt-free movement, living debt-free.

A debt-free company has no liabilities to creditors.

freedom

unencumbered

Free from hindrances

unshackled · autonomous · self-sufficient · unrestricted · unfettered · ownership · unobligated · disentangled · released · untethered

stability

solvency

Capacity to pay debts

secure · solvent · sustainable · resilient · cushion · equilibrium · steady

discipline

budgeting

Allocating funds systematically

thrift · austerity · sacrifice · minimalism · stewardship · accountability · self-control · restraint

achievement

celebration

Festive event marking occasion

success · breakthrough · completion · fulfilled · satisfied · discharged · settled

relief

lightness

Minimal weight or gravity

reprieve · renewal · exhale · calm · serenity · contentment · gratitude · relaxation · tranquility

Categories
Opposites
financial obligation status

debt-freeindebted

Owing thanks or money

in debt · in arrears · owing · leveraged · encumbered

financial health/solvency

debt-freeinsolvent

Unable to pay debts

bankrupt · deep in debt · broke · overextended · defaulting

Family

free, freedom, debt, freed, freeing, freely, debts, indebted, debtor

Familiarity
Top 50,000
Profile
Known to kids · Used worldwide · Timeless · Positive · Everyday, not technical · Rated G