Gambling Debt Meaning In English

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The election of Joe Biden to the presidency has prompted liberal calls to set aside pesky budget deficit concerns and go deeper into debt to finance large new spending initiatives — well beyond. Debt definition: A debt is a sum of money that you owe someone. Meaning, pronunciation, translations and examples.

1 A debt that is not legally recoverable, especially a sum lost in gambling. ‘He then turns to Bertram Wyatt-Brown's study of Southern Honor, which explains that in the antebellum South there were two kinds of debt, the business debt and the debt of honor.’.

Gambling debt meaning in english dictionaryGambling debt meaning in english translation

noun

  • A debt incurred from gambling.

    ‘even where gaming debts are enforceable, collection can be a nightmare’
    • ‘Casinos in Nevada can fully deduct bad gaming debts against taxes imposed on their gross revenue.’
    • ‘He had been obliged to sell almost every part of his inheritance that had not been entailed to pay his father's gaming debts.’
    • ‘The company cannot take a tax deduction for uncollected gaming debts.’
    • ‘He reluctantly agreed that a brief summary should replace letters about Disraeli's involvement with the gaming debts of Derby's younger brother.’
    • ‘Mr. Lennox had to leave the country after accumulating gaming debts.’
    • ‘He is holding out for a law that would allow the enforcement of gaming debts, but the government is still drafting that legislation.’
    • ‘Apparently he had accumulated gaming debts to such an extent that he had hardly been able to pay them.’
    • ‘Payment for the service may not be legally enforceable, for example, gaming debts are not legally enforceable.’
    • ‘When I came back to see him, he told me that he would pay my debts - all of them, not just my gaming debts.’
    • ‘A new casino credit law that came into effect this month made gaming debts legally enforceable in the territory.’
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Gambling debt meaning in english terms

Gambling Debt Meaning In English Grammar

Gambling Debt Meaning In English

Gambling Debt Meaning In English Dictionary

  1. Gambling debt is a major sign of a gambling problem, as is gambling with money that is supposed to be used for bills, food, or other necessities. Either way, the first step to addressing your debt is to realize that you have a gambling problem.
  2. Debt definition, something that is owed or that one is bound to pay to or perform for another: a debt of $50.