[pay] a debt
1
to settle an obligation by returning borrowed money or fulfilling a financial commitment
- He paid his debt to the bank by making regular mortgage payments.
- She used her savings to pay a debt that had been weighing on her for months.
- The government decided to raise taxes to pay the national debt.
- It's essential to have a plan to pay your debts and manage your finances responsibly.
- Paying a debt on time can help maintain a good credit score.