What's the difference between debt and duty?

Debt


Definition:

  • (n.) That which is due from one person to another, whether money, goods, or services; that which one person is bound to pay to another, or to perform for his benefit; thing owed; obligation; liability.
  • (n.) A duty neglected or violated; a fault; a sin; a trespass.
  • (n.) An action at law to recover a certain specified sum of money alleged to be due.

Example Sentences:

  • (1) In the bars of Antwerp and the cafes of Bruges, the talk is less of Christmas markets and hot chocolate than of the rising cost of financing a national debt which stands at 100% of annual national income.
  • (2) Madrid now hopes that a growing clamour for future rescues of Europe's banks to be done directly, without money going via governments, may still allow it to avoid accepting loans that would add to an already fast-growing national debt.
  • (3) Profit for the second quarter was £27.8m before tax but the club’s astronomical debt under the Glazers’ ownership stands at £322.1m, a 6.2% decrease on the 2014 level of £343.4m.
  • (4) The government did not spell out the need for private holders of bank debt to take any losses – known as haircuts – under its plans but many analysts believe that this position is untenable.
  • (5) However, civil society groups have raised concerns about the ethics of providing ‘climate loans’ which increase the country’s debt burden.
  • (6) The pump function of the heart (oxygen debt dynamics), the anaerobic threshold (complex of gas analytical indices), and the efficacy of blood flow in lesser circulation (O2 consumption plateau) were appraised.
  • (7) In the UK, George Osborne used this to his advantage, claiming "Britain faces the disaster of having its international credit rating downgraded" even after Moody's ranked UK debt as "resilient".
  • (8) Thus, the decreased hyperemic response after arrest suggests a reduced energetic debt with CSC compared with ARC and may indicate superior myocardial protection with CSC.
  • (9) It was the ease with which minor debt could slide into a tangle of hunger and despair.
  • (10) Most (86 percent) had educational debt (mean = $20,500), and more than half of those with debt were making loan payments.
  • (11) Silvio Berlusconi's government is battling to stay in the eurozone against mounting odds – not least the country's mountain of state debt, which is the largest in the single currency area.
  • (12) However in a repeat of the current standoff over the federal budget, the conservative wing of the Republican party is threatening to exploit its leverage over raising the debt ceiling to unpick Obama's healthcare reforms.
  • (13) It would cost their own businesses hundreds of millions of pounds in transaction costs, it would blow a massive hole in their balance of payments, it would leave them having to pick up the entirety of UK debt.
  • (14) Nevertheless we know that there will remain a large number of borrowers with payday loans who are struggling to cope with their debts, and it is essential that these customers are signposted to free debt advice.
  • (15) Finally, there is that pesky matter of public debt, which is still 90% of eurozone GDP.
  • (16) The ONS said it was possible that these one-off items and a rise in tax receipts in January could bring the overall debt figure within the OBR's £80.5bn forecast.
  • (17) This causes a time lag, with money continuing to be taken until the SLC is made aware that the debt has been settled.
  • (18) Unsecured lending rose slightly during the month, with outstanding debt increasing by £331m, after contracting by £114m in April.
  • (19) He said: "Advanced economies are still confronted with high levels of public and private debt, which act as brakes on the recovery.
  • (20) Portugal's slide towards a Greek-style second bailout accelerated after its principal private lenders indicated that they were growing weary of assurances from Lisbon that it could get on top of the country's debts.

Duty


Definition:

  • (n.) That which is due; payment.
  • (n.) That which a person is bound by moral obligation to do, or refrain from doing; that which one ought to do; service morally obligatory.
  • (n.) Hence, any assigned service or business; as, the duties of a policeman, or a soldier; to be on duty.
  • (n.) Specifically, obedience or submission due to parents and superiors.
  • (n.) Respect; reverence; regard; act of respect; homage.
  • (n.) The efficiency of an engine, especially a steam pumping engine, as measured by work done by a certain quantity of fuel; usually, the number of pounds of water lifted one foot by one bushel of coal (94 lbs. old standard), or by 1 cwt. (112 lbs., England, or 100 lbs., United States).
  • (n.) Tax, toll, impost, or customs; excise; any sum of money required by government to be paid on the importation, exportation, or consumption of goods.

Example Sentences:

  • (1) City badly missed Yaya Touré, on international duty at the Africa Cup of Nations, and have not won a league match since last April when he has been missing.
  • (2) Uninfected people's general rights to protection are considered, and health professionals' and authorities' rights and duties are given more detailed attention.
  • (3) He was often detained and occasionally beaten when he returned to Minsk for demonstrations, but “if he thought it was professional duty to uncover something, he did that no matter what threats were made,” Kalinkina said.
  • (4) With SH, blood flow at low and moderate Pdi was limited at duty cycles greater than 0.3 and 0.1, respectively.
  • (5) So fourth, we must tackle the issue of a relatively large number of officers kept on restricted duties, on full pay.
  • (6) Only two aviators were permanently removed from flying duties due to glaucoma.
  • (7) The BBA statistics director, David Dooks, said: "It was no surprise to see the January mortgage figures falling back from December, when transactions were being pushed through to beat the end of stamp duty relief.
  • (8) The media's image of a "gamer" might still be of a man in his teens or 20s sitting in front of Call of Duty for six-hour stretches, but that stereotype is now more inaccurate than ever.
  • (9) Approximately one third of all students said that ticks had a significant or very significant impact on duty performance.
  • (10) The fact that Line of Duty is ranked among the best TV fiction for years suggests there is no crisis with the channel.
  • (11) Revenue from tobacco duty in 2011-12 was £9.55bn, up from £8.09bn in 2007-08.
  • (12) "I have a brilliant staff and we have a duty to serve our readers and will continue to do that.
  • (13) If we’ve a duty to pass folk music on, we should also bring it up to date and make it relevant to our times,” he says.
  • (14) He suggests that doctors and nurses who provide terminal care be selected for psychological suitability, be trained in communication, receive adequate ongoing support and definition of their roles, and rotate periodically to less stressful duties.
  • (15) We have a moral duty to conserve them and to educate people about their habitat, health and the threats they face."
  • (16) Consumers, dentists, dental students, dental assistants, dental hygienists, dental assistant trainees, and dental hygiene students in Massachusetts were surveyed for their attitudes toward the concept of expanded-duties auxiliaries.
  • (17) Currently, anyone buying a property for £175,000 or less avoids paying 1% stamp duty.
  • (18) In March-May 1988, we collected data on enrollment of 1,445 Army families with grade school children in the Active Duty Dependents Dental Insurance Plan at two Army posts.
  • (19) Dave Couvertier, an FBI spokesman, confirmed only that "the agent encountered the suspect while conducting official duties" and said he expected to be able to release further details of the incident later on Wednesday.
  • (20) This is not about the BBC exercising its charter duties of impartiality, as they maintain.