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Exact :: Exact (a.) Precisely agreeing with a standard, a fact, or the truth; perfectly conforming; neither exceeding nor falling short in any respect; true; correct; precise; as, the clock keeps exact time; he paid the exact debt; an exact copy of a letter; exact accounts..

Contract :: Contract (n.) To bring on; to incur; to acquire; as, to contract a habit; to contract a debt; to contract a disease..

Score :: Score (n.) An account or reckoning; account of dues; bill; hence, indebtedness..

Liable :: Liable (v. t.) Bound or obliged in law or equity; responsible; answerable; as, the surety is liable for the debt of his principal..

Debit :: Debit (n.) A debt; an entry on the debtor (Dr.) side of an account; -- mostly used adjectively; as, the debit side of an account..

Assets :: Assets (n. pl.) Effects of an insolvent debtor or bankrupt, applicable to the payment of debts..

Voucher :: Voucher (n.) A book, paper, or document which serves to vouch the truth of accounts, or to confirm and establish facts of any kind; also, any acquittance or receipt showing the payment of a debt; as, the merchant's books are his vouchers for the correctness of his accounts; notes, bonds, receipts, and other writings, are used as vouchers in proving facts..

Insolvency :: Insolvency (n.) Insufficiency to discharge all debts of the owner; as, the insolvency of an estate..

Mortgage :: Mortgage (v. t.) To grant or convey, as property, for the security of a debt, or other engagement, upon a condition that if the debt or engagement shall be discharged according to the contract, the conveyance shall be void, otherwise to become absolute, subject, however, to the right of redemption..

Trifling :: Trifling (a.) Being of small value or importance; trivial; paltry; as, a trifling debt; a trifling affair..

Guaranty :: Guaranty (n.) In law and common usage: An undertaking to answer for the payment of some debt, or the performance of some contract or duty, of another, in case of the failure of such other to pay or perform; a guarantee; a warranty; a security..

Defray :: Defray (v. t.) To pay or discharge; to serve in payment of; to provide for, as a charge, debt, expenses, costs, etc..

Obligation :: Obligation (n.) The state of being obligated or bound; the state of being indebted for an act of favor or kindness; as, to place others under obligations to one..

Absolve :: Absolve (v. t.) To set free, or release, as from some obligation, debt, or responsibility, or from the consequences of guilt or such ties as it would be sin or guilt to violate; to pronounce free; as, to absolve a subject from his allegiance; to absolve an offender, which amounts to an acquittal and remission of his punishment..

Insolvent :: Insolvent (a.) Relating to persons unable to pay their debts.

Contraction :: Contraction (n.) The act of incurring or becoming subject to, as liabilities, obligation, debts, etc.; the process of becoming subject to; as, the contraction of a disease..

Quittance :: Quittance (v. t.) Discharge from a debt or an obligation; acquittance.

Collect :: Collect (v. t.) To demand and obtain payment of, as an account, or other indebtedness; as, to collect taxes..

Clear :: Clear (superl.) Free from impediment or obstruction; unobstructed; as, a clear view; to keep clear of debt..

I O U :: I O U () A paper having on it these letters, with a sum named, and duly signed; -- in use in England as an acknowledgment of a debt, and taken as evidence thereof, but not amounting to a promissory note; a due bill..

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