paying debts
Honoring financial obligations
Paying debts is settling what you owe—returning borrowed money, fulfilling financial obligations, or clearing accounts.
The phrase extends beyond money: you can pay a debt of gratitude by returning a kindness, or pay your debt to society by serving a prison sentence.
He spent years paying debts from his failed business.
- settlementResolved dispute or colony
- settling upFinalizing payment owed
- clearingTreeless space in forest
- owingYet to be paid
- creditorsThose owed payment
installments · interest · balance · mortgage · loan · bills · collection · overdue · default · credit score · bankruptcy · relief · digging out · freedom · clean slate · burden · obligation · invoice
- responsibilitiesfollowing through, meeting deadlines, babysitting, supervising, complying
- social obligationscourtesy, politeness, greeting, obligation, thank you
- etiquettemanners, politeness, etiquette, table manners, courtesy
- virtuesintegrity, honesty, justice, courage, fairness