What does debt mean?

1, debt is the sum of creditor's rights and debts.

2, in accordance with the provisions of the contract or in accordance with the law, the specific rights and obligations between the parties. The concept of debt in the sense of civil law is different from that in life, that is, it refers not only to the loan relationship, but to the rights and obligations between people arising from legal facts such as contracts and tort. In a debt relationship, the person who enjoys the right is called a creditor? The person who assumes the obligation is called the debtor; In bilateral contracts, they are debtors of creditor's rights. The object to which the creditor's right and the debtor's debt point is called the object of debt. The rights enjoyed by creditors are called creditor's rights, and the obligations undertaken by debtors are called debts.