Gambling Debt Meaning In English

1. Gambling Debt Meaning In English Grammar
2. Gambling Debt Meaning In English Terms
3. Gambling Debt Meaning In English Dictionary
4. Gambling Debt Meaning In English Translation

English translation, definition or synonym for gambling and thousands of other words. You can complete the translation of.

The history of gambling in the United Kingdom goes back centuries, as do efforts to deplore it, and regulate it.

Regulation[edit]

Gambling Debt Meaning In English Grammar

Gambling was legal under English common law but the government worried that it interfered with military training. The Unlawful Games Act 1541 made virtually all gambling illegal. The law was never enforced, but it did mean that gambling debts could not be collected through court action. Additional acts of 1710, 1728, 1738, 1739, and 1744 focused on financial securities, illegal lotteries, and various popular gambling games. The Gaming Act 1845 legalized games of skill, made cheating a crime, simplified the regulation of gambling houses, and made gambling contracts legally unenforceable. Betting establishments became popular, despite new laws in 1853, 1854, 1874 and 1906. Bookmakers responded by hiring runners who were faster than the police. The Racecourse Betting Act of 1928 regulated betting on horse races, and the 1934 Betting and Lotteries Act took the greyhounds into account. Football pools became increasingly popular, and they were taxed through the Pool Betting Duty of 1947. The decline of the moralistic political forces led to the Betting and Gaming Act 1960 which legalized private casinos. The government set up its National Lottery in 1994.^[1]

Native American gaming comprises casinos, bingo halls, and other gambling operations on Indian reservations or other tribal land in the United States. Because these areas have tribal sovereignty, states have limited ability to forbid gambling there, as codified by the Indian Gaming Regulatory Act of 1988. Gambling-related debt generally refers to debt accumulated largely as a consequence of gambling expenditure, whether directly (e.g. Using a credit card for gambling-related transactions) or indirectly (e.g. Debt accumulated to cover expenses due to money lost gambling). The following sections contain the findings of our review, which included. A payer is required to issue you a Form W-2G, Certain Gambling Winnings PDF if you receive certain gambling winnings or have any gambling winnings subject to federal income tax withholding. You must report all gambling winnings as 'Other Income' on Form 1040 or Form 1040-SR PDF (use Schedule 1 (Form 1040 or 1040-SR) PDF ), including winnings.

Tudor and Stuart eras[edit]

Spas such as Bath, Epsom, and Tunbridge Wells became popular after 1550 for the rich. They enjoyed lawn bowling and dancing, as well as medical benefits. Puritan pamphleteers such as Philip Stubbes warned that these 'tubs of pleasure' made drinking, gambling, and illicit sex available to all visitors.^[2][3]

Although Restoration England 1660–1689 featured a revulsion against Puritanism, gambling was seen as a stupid folly. Playwrights depicted gambling at dice, cards, and the tables as an aristocratic folly. After 1688 plays portrayed gambling more as vice than folly. Comedies and periodicals in the early 18th century portrayed gamblers disapprovingly.^[4]

Lotteries[edit]

In 1566–1569 Queen Elizabeth launched England's first national public lottery to raise money to repair the harbors. However, only 10 percent of the 400,000 lots were purchased. Local elites were often hostile, because of distrust of the government and concerns about the immorality of gambling.^[5]The lottery was promoted by scrolls posted throughout the country showing sketches of the prizes. The tickets were sold in 1566–1569, and the prize money was awarded in 1569, so each player got his money back and in effect was making an interest-free loan. In later decades, the government sold the lottery ticket rights to brokers, who in turn hired agents and runners to sell them. These brokers eventually became the modern day stockbrokers for various commercial ventures. Most people could not afford the entire cost of a lottery ticket, so the brokers would sell shares in a ticket; this resulted in tickets being issued with a notation such as 'Sixteenth' or 'Third Class'.^[6]

Many private lotteries were held, including raising money for The Virginia Company of London to support its settlement in America at Jamestown. The English State Lottery ran from 1694 until 1826. Thus, the English lotteries ran for over 250 years, until the government, under constant pressure from the opposition in parliament, declared a final lottery in 1826. This lottery was held up to ridicule by contemporary commentators as 'the last struggle of the speculators on public credulity for popularity to their last dying lottery'.^[7]

Horse racing[edit]

Horse racing has been a favorite sport and gambling venue since Tudor days. ^[8][9] The earliest recorded races were two-horse matches held at Chester in 1539.^[10] King Charles II was an avid sportsman who gave Newmarket its prominence – he was a jockey in 1671 and built a palace there for his convenience.^[11]Ascot Racecourse started in 1711 under the patronage of Queen Anne. They involved multiple horses, with betting by the spectators. By 1750 the Jockey Club was formed to control the Newmarket, preventing dishonesty, and making for a level field.^[12]Epsom Derby began in 1780. The five classic races began with the St Leger Stakes in 1776. The system was complete in 1814 with five annual races.^[13] The availability of railways facilitated the rapid growth of the sport, making travel easy for the horses and running specials that attracted large audiences.^[14]

In the 18th century, horse racing became well-established. Newmarket and the Jockey Club set the standards but most of the racing took place for small cash prizes and enormous local prestige in landowners’ fields and in the rising towns. The system of wagering was essential to the funding and the growth of the industry, and all classes participated from the poor to royalty. High society was in control, and they made a special effort to keeping the riff-raff out and the criminal element away from the wagering. With real money at stake, the system needed skilled jockeys, trainers, grooms and experts at breeding, thereby opening new prestigious careers for working-class rural men. Every young. ambitious stable boy could dream of making it big.^[15]

18th century[edit]

The state lottery was a remarkable success in the 18th century, starting with the Queen Anne lotteries of 1710–14. This form of gambling combined the advantages of rational calculation and inexpensive fantasy with quick results. Unlike card games, there were no angry losers. Unlike racing, there was no behind the scenes fixing of outcomes. Lotteries brought in large sums to the Treasury, and thus provided the funding for numerous major wars. There were seven lottery loans from 1711 to 1714 in the reign of Queen Anne which yielded to the Government £9,000,000, minus the £2,734,000 paid to the winners And some overheads. Additional wars necessitated additional lotteries. Much larger sums were involved in the lotteries that financed the American war, 1775–1783.^[16]

Lotteries loosened the money pouches of previously uninvolved individuals. Frequent purchasers of lottery tickets were called 'adventurers', And then their friends were the center of untold conversations about what they would do with the fortunes they were about to win. Advertising for the lottery help funded fund the newspapers, and reports on the winner helped sell copies. Britain had succumbed to 'gambling mania'.^[17] With the defeat of Napoleon in 1815, Britton entered a century of peace, and lotteries were no longer necessary to finance wars. Government lotteries were abolished in 1826.^[18]

In the private sphere, distinctly different styles of gambling took place in the upper, middle and working classes. In the upper classes, gambling the family fortune was very common, with high-stakes and high losses--called 'deep play'. The venue was private clubs, which had an atmosphere that controlled against violence or vehement behavior.^[19][20] The most notorious case was the politician Charles James Fox In three years in his early 20s he ran up £120,000 of losses at the faro tables. Fox was a highly influential politician supported by very rich political allies who regularly covered his losses, but his political enemies rhetorically attacked his heavy losses.^[21]

In the middle class, a business orientation meant that recreational gambling at home was moderate, with limited stakes, and the goal of camaraderie and genial conversation rather than winning money. The middle classes rejected blood sports, and discovered that music, conversation and cards suited their taste for exercise of intellect and ability. Young people were allowed to play too, so they could learn to calculate quickly in their minds, and account for money lost and won. ^[22]

19th century[edit]

Historian Andrew August finds that, 'In the face of efforts of radicals and middle-class reformers, drink, gambling and raucous conviviality remained central to mid-Victorian working-class leisure.'^[23] Before the railways, horse racing only attracted owners and a few people living near the tracks. Immediate information was essential to betting, and was only available at the racetracks. The telegraph disseminated the information instantly across Britain, and the railroad attracted audiences, and allowed the horses to be moved from place to place quickly. The number of active racing horses doubled between 1837 in 1869, prize money increased, and racing was now a national sport. Incomes were hire, leaving workers with more money to spend on drink, sex and gambling. About 150 betting houses served the working-class neighborhoods in London in the 1850s, accepting small bets, and making payoffs in a matter of minutes, allowing repeated betting on race days. When reformers made bidding houses illegal, the action moved to pubs and into the city streets.^[24][25]

The better educated gamblers focused on racing, where random luck was less important and where skill, the assimilation of fresh information, and analysis of previous results provided an intellectual stimulus. Numerous sporting magazines appeared, reaching a total circulation of about 300,000 by the 1880s. The Sporting Times operated 1865–1932, with its distinctive salmon-colored paper immediately identifying a gambler. Sporting Life was the most popular, starting as a weekly in 1859 and becoming a daily in 1883. Horse racing was the core of its content, but it covered many other sports as well. It could not compete with the Internet and closed in 1998.^[26]

Gambling at cards in establishments popularly called casinos became the rage during the Victorian era. The evangelical and reform movements specifically targeted such establishments in their efforts to stop gambling, drinking, and prostitution.^[27]

Upper-class England gambled heavily, usually in swank private clubs in the St. James district of the West End of London.

20th century[edit]

By the late 19th century, bookmakers could speed up betting cycle by using telegraphic results from racetracks so that city workers across the country could make multiple bets on racing day, absorb their losses or take their winnings and bet again in a matter of minutes. Bookmakers would set up a base in friendly pub, hire runners to tell what the odds were at this hour, collect bets, and pay off the winners, while lookouts warned about policeman. The Street Betting Act of 1906 was the counterattack by the moralistic middle-class which looked askance at this new form of gambling. The bets were small, but the excitement was high. The police were reluctant to enforce it, or could take a payoff for looking the other way. The working-class communities strongly supported the bookmakers who were providing entertainment and employment.^[28] The Betting and Gaming Act of 1960 finally legalized off-course betting. Turnover increased by 154% the next year, with over 13,000 licenses for betting shops in operation. Bingo is also legitimized.^[29]

Labour Party[edit]

In the early 20th century the parliamentary Labour Party vigorously opposed off-track betting on horses using bookmakers. Middle class reformers were trying to shield the working class from evil and harmful effects, drawing upon ethical socialism, Nonconformist Puritanism, and secular puritanical values. ^[30] Some Labour MPs laughed at this approach, but after 1920, with the rise of union influence on the Labour Party, the position changed to one of relative toleration and acceptance, using the slogan, 'There Ought not to be One Law for the Rich and Another for the Poor which Is the Case Today.' The laws were deliberately fashioned to control and restrict the working classes, and now they had a political vehicle to object. Deeply embedded in working-class culture was, 'a boisterous proletarian lifestyle dominated by drunkenness, street-fighting, horse racing, boxing and gambling.' These men were more comfortable with aristocratic Tories who gambled heavily in their upper-class clubs, as opposed to the middle class do-gooders, clergymen and philanthropists who ran the Liberal party.^[31] Furthermore, Constituency Labour Parties depended on lotteries and bingo for the revenue to keep operating and pay salaries to their full-time agents.^[32]

Greyhound racing[edit]

Middle-class reformers were outraged,^[33] and the working-class delighted, with the emergence in the mid-1920s of an entertaining new sport and betting opportunity: Greyhound racing. At first it seemed modern, glamorous, and American, but the middle class lost interest when working-class audiences took over.^[34][35]

Second World War[edit]

The experience of total war 1939 to 1945 meant much less leisure and highly restricted transportation, So attendance fell at gambling venues such as racing tracks for horses and greyhounds. However the volume of betting remained high. Anti-gambling organizations used the national emergency to shut down many legitimate gambling activities, but the early successes in curtailing horse racing, greyhound racing and football-- which were the main venues for gambling-- were soon reversed as the government saw gambling as a necessary psychological outlet in a time of highly restricted leisure opportunities. There were new opportunities as well, such as 'unity' football pools and a larger number of illegal neighborhood bookmakers. For the first time there was heavy gambling on Irish horse races, which were not interrupted during the war. The government provided extra petrol needed for the movement of racing horses and dogs.^[36] The greyhound racing industry peaked in 1946 with attendances estimated to be around 75 million based on the annual totalisator turnover of £196,431,430.^[37] The figure equates to £8 billion today (2018), using a historic inflation calculator.^[38] Audiences started to decline with the opening of betting shops in 1961, despite a mini boom in the late 1980s.^[39]

Roger Munting points out that in the 1980s:

Gambling is big business in contemporary Britain. Betting shops are seen in every high street, bingo games occupy redundant cinemas, every national newspaper provides a racing service and news of football pools; many operate their own form of lottery. There have even been proposals that a lottery competition provide marginal finance for the National Health Service.^[40]

21st century[edit]

Greyhound racing in the United Kingdom remains a popular industry in Great Britain with attendances at around 3.2 million at over 5,750 meetings in 2007. There are currently 21 registered stadiums regulated by the Greyhound Board of Great Britain^[41] and a further four independent tracks in Britain.

Gambling Act of 2005[edit]

The Gambling Act of 2005 established the Gambling Commission and controls all forms of gambling. It gives authority for licensing gambling to local elected authorities. Its goals include breaking links with crime; ensuring that gambling is conducted in a fair and open way; and protecting children and other vulnerable persons from being harmed or exploited. There is a shift from legislative control to market control. This has hurt Las Vegas style casinos and internet gambling sites. ^[42]

Problem gambling[edit]

The 'British Gambling Prevalence Survey 2007', conducted by the United Kingdom Gambling Commission, found approximately 0.6 percent of the adult population had problem gambling issues—the same percentage as in 1999.^[43] The highest prevalence of problem gambling was found among those who participated in spread betting (14.7%), fixed odds betting terminals (11.2%) and betting exchanges (9.8%).^[43]

See also[edit]

Notes[edit]

1. ^Charles Arnold-Baker (2015). The Companion to British History. Taylor & Francis. p. 317. ISBN9781317400394.
2. ^Heasim Sul, 'The tubs of pleasure: Tudor and Stuart Spas.' International journal of the history of sport 16.1 (1999): 148-158.
3. ^Sydney Carter, 'Phillip Stubbes: An Elizabethan Puritan' History Today (April 1953) 3#4 pp 271-276.
4. ^ James E. Evans, 'A sceane of uttmost vanity': The Spectacle of Gambling in Late Stuart Culture.' Studies in Eighteenth-Century Culture 31.1 (2002): 1-20. Online
5. ^ David Dean, 'Elizabeth’s Lottery: Political Culture and State Formation in Early Modern England.' Journal of British Studies 50.3 (2011): 587-611. Online
6. ^John Ashton, A History of English Lotteries, (1893) online
7. ^Ashton, A History of English Lotteries, (1893) p 274
8. ^Mike Huggins, Flat racing and British society, 1790-1914: A social and economic history (Routledge, 2014).
9. ^Anne Holland, Horse racing in Britain and Ireland (2014.)
10. ^Paul Hurley (2014). Chester in the 1950s: Ten Years that Changed a City. Amberley. p. 69. ISBN9781445636917.
11. ^John Eunson (2012). Sporting Scots: How Scotland Brought Sport to the World–and the World Wouldn't Let Us Win. p. 88. ISBN9781845024253.
12. ^Robert Black (1891). The Jockey Club and Its Founders: In Three Periods. Smith, Elder.
13. ^J.S. Fletcher (1902). The history of the St. Leger stakes, 1776-1901. Hutchinson & co.
14. ^Mike Huggins (2013). Horseracing and the British 1919-30. Manchester UP. p. 106. ISBN9781847795755.
15. ^Mike Huggins, Horse Racing and British Society in the Long Eighteenth Century (2018(, see Online review
16. ^Harvey Edward Fisk (1920). English Public Finance from the Revolution of 1688: With Chapters on the Bank of England. Bankers Trust Company. p. 109.
17. ^Bob Harris, 'Lottery Adventuring in Britain, c. 1710–1760.' English Historical Review 133.561 (2018): 284-322.
18. ^Roger Munting, 'Betting and Business; The Commercialisation of Gambling in Britain.' Business History 31.4 (1989): 67-85.
19. ^Cheryl Bolen, 'The Great Georgian Gambling Epidemic' The Regency Plume (May-June 2006)online
20. ^George Otto Trevelyan (1880). The Early History of Charles James Fox. Longmans, Green. pp. 527–28.
21. ^Gillian Russell, 'Faro's Daughters': Female Gamesters, Politics, and the Discourse of Finance in 1790s Britain.' Eighteenth-Century Studies 33.4 (2000): 481-504. Online
22. ^Janet E. Mullin, A sixpence at whist: gaming and the English middle classes 1680–1830 (2015)
23. ^Andrew August, The British Working Class 1832-1940 (2017) p. 51-54
24. ^ David C. Itzkowitz, 'Victorian bookmakers and their customers.' Victorian Studies 32.1 (1988): 7-30. Online
25. ^Wray Vamplew, The turf: A social and economic history of horse racing (1976).
26. ^James Lambie, The Story of Your Life: A History of the Sporting Life Newspaper (1859-1998) (2010) Excerpts
27. ^Peter Bailey, Leisure and class in Victorian England: Rational recreation and the contest for control, 1830–1885 (Routledge, 2014)
28. ^John Briggs etc (1996). Crime and Punishment in England: An Introductory History. UCL Press. pp. 201–2. ISBN9781137081780.
29. ^Jan McMillen (2005). Gambling Cultures: Studies in History and Interpretation. Routledge. pp. 125–26. ISBN9781134916481.
30. ^Gregg McClymont, 'Socialism, Puritanism, Hedonism: The Parliamentary Labour Party's Attitude to Gambling, 1923–31.' Twentieth Century British History 19.3 (2008): 288-313.
31. ^Martin Pugh (2010). Speak for Britain!: A New History of the Labour Party. p. 22. ISBN9781847920089.
32. ^ Keith Laybourn, '‘There Ought not to be One Law for the Rich and Another for the Poor which Is the Case To‐day’: The Labour Party, Lotteries, Gaming, Gambling and Bingo, c. 1900–c. 1960s.' History 93.310 (2008): 201-223.
33. ^ Norman Baker, 'Going to the Dogs—Hostility to Greyhound Racing in Britain: Puritanism, Socialism and Pragmaticism.' Journal of Sport History 23.2 (1996): 97-119. Online
34. ^Mike Huggins, 'Going to the dogs.' History Today 56.5 (2006): 31+.
35. ^Daryl Leeworthy, 'A diversion from the new leisure: greyhound racing, working-class culture, and the politics of unemployment in inter-war South Wales.' Sport in History 32.1 (2012): 53-73.
36. ^Mike Huggins, 'Sports gambling during the Second World War: a British entertainment for critical times or a national evil?.' International Journal of the History of Sport 32.5 (2015): 667-683.
37. ^Particulars of Licensed tracks, table 1 Licensed Dog Racecourses. Licensing Authorities. 1946.
38. ^''Stock Exchange.' Times, 17 Apr. 1947, p. 9'. The Times Digital Archive.
39. ^'We are the governing body for licensed greyhound racing'. Greyhound Board of Great Britain.
40. ^Munting, 'Betting and Business; The Commercialisation of Gambling in Britain.' (1989) p 67.
41. ^'About GBGB'. Greyhound Board of Great Britain.
42. ^Roy Light, 'The Gambling Act 2005: Regulatory containment and market control.' The Modern Law Review 70.4 (2007): 626-653.
43. ^ ^abWardle, Heather; Sproston, Kerry; Orford, Jim; Erens, Bob; Griffiths, Mark; Constantine, Rebecca; Pigott, Sarah (September 2007). 'British Gambling Prevalence Survey 2007'(PDF). National Centre for Social Research. p. 10. Archived from the original(PDF) on November 28, 2009.

Further reading[edit]

• Ashton, John. The History of Gambling in England (1898) online, free
• Baker, Norman. 'Going to the Dogs'—Hostility to Greyhound Racing in Britain: Puritanism, Socialism and Pragmatism,' Journal of Sport History 23 (1996): 97-118.
• Clapson, Mark. A Bit of a Flutter: Popular Gambling and English Society, c.1823–1961 (Manchester UP, 1992)
• Clarke, C.F.C. Greyhounds and Greyhound Racing: A Comprehensive and Popular Survey of Britain’s Latest Sport (1934)
• Dixon, David. From Prohibition to Regulation: Bookmaking, Anti-Gambling, and the Law (1991) online
• Forrest, David. 'An economic and social review of gambling in Great Britain.' Journal of Gambling Business and Economics 7.3 (2013): 1-33.
• Forrest, David. 'The past and future of the British football pools.' Journal of Gambling Studies 15.2 (1999): 161–176.
• Huggins, Mike. 'Betting, sport and the British, 1918–1939.' Journal of Social History (2007): 283–306.
• Huggins, Mike. '“Everybody’s going to the dogs”? The middle classes and greyhound racing in Britain between the wars.' Journal of Sport History 34.1 (2007): 96-120. Online
• Huggins, Mike. Flat racing and British society, 1790–1914: A social and economic history (Routledge, 2014)
• Laybourn, Keith. Working-Class Gambling in Britain c. 1906-1960s: The Stages of the Political Debate (2007).
• Huggins, Mike. Horseracing and the British 1919–1939 (Manchester UP, 2002).
• Munting, Roger. 'Social opposition to gambling in Britain: an historical overview.' International Journal of the History of Sport 10.3 (1993): 295–312. Online
• Munting, Roger. An economic and social history of gambling in Britain and the USA (Manchester UP, 1996).
• Reith, Gerda. 'The culture of gambling in Great Britain: Legislative and social change.' in Crime, Addiction and the Regulation of Gambling (Brill Nijhoff, 2008). 165–179.
• Richard, Jessica. The romance of gambling in the eighteenth-century British novel (Springer, 2011).
• Schwartz, David G. Roll The Bones: The History of Gambling (2006), scholarly history with global perspective excerpt; UK is covered in chapters 6, 8, 15

Gambling Debt Meaning In English Terms

noun

• 1A sum of money that is owed or due.

  • ‘a way to reduce Third World debt’
  • ‘Samantha Leigh, mitigating, said he had taken the money to pay gambling debts.’
  • ‘Garda sources believe the gangs may have been desperate to raise money to pay off debts.’
  • ‘If you are earning money and have big debts it may not be worth over committing yourself in savings.’
  • ‘Companies which owe the council money will not be charged interest on their debts.’
  • ‘However, the first use for surplus cash must be to reduce any outstanding debts.’
  • ‘They can potentially tap into your bank account or run up debts without you knowing a thing about it.’
  • ‘The bills and the debts pile up when you're not working but she somehow made it through.’
  • ‘He left and the club was left with an enormous wage bill and debts it could not afford to pay.’
  • ‘You want a mortgage that calculates interest daily so every overpayment reduces your debt.’
  • ‘Cash flow was very positive and had enabled the company to reduce its debt to a more manageable level.’
  • ‘The plan of action is to use some of the money to clear all their debts and to use the rest to reduce their mortgage a little.’
  • ‘Many creditors lost a lot of money and players went unpaid while debts were rescheduled.’
  • ‘Interest is charged on the debt, but you do not make monthly repayments.’
  • ‘Needing money to pay off a debt, he tries to rob a wealthy neighbour and is finally arrested and jailed.’
  • ‘Make sure you clear debts such as credit card balances, overdrafts and personal loans.’
  • ‘* Total U.S. household credit card debt is more than $600 billion.’
  • ‘Is the company's debt less than 40 percent of its capital?’
  • ‘The country spends a third of its budget on servicing its debt to western banks.’
  • ‘At the meeting, Ms Blears had refused to write off the debt the PCT owes to the Government.’
  • ‘However, it is likely to mean people looking to take out a loan to consolidate their debt will have to pay more after today.’

  bill, account, tally, financial obligation, outstanding payment, amount due, money owing

  View synonyms

  1. 1.1mass nounThe state of owing money.
     • ‘After the divorce was granted, Rene discovered there would be no money as her husband was heavily in debt.’
     • ‘Although the man did owe small sums of money, there is no evidence to suggest that he was heavily in debt.’
     • ‘He wanted to know why the trust was so severely in debt, despite receiving record funding from the government.’
     • ‘The club are #30m in debt, partly due to the antics of last season's management team.’
     • ‘Our students in Canada don't need to be coming to college and coming out in debt.’
     • ‘This authority is so much in debt but they could cut the rates if they ran it properly and looked into the cost of repairing houses.’
     • ‘In the film, Reeves plays a luckless, down-at-heel gambler heavily in debt to the bookies.’
     • ‘Although companies are allowed to send reminders to a person in debt, they are not allowed to harass someone.’
     • ‘It warns that we are getting deeper in debt and that a house price bubble still hangs over the economy.’
     • ‘I have never really been in debt and I would never buy anything I couldn't afford.’
     • ‘By his late twenties, Disraeli's sartorial and social extravagance had left him deep in debt.’
     • ‘In his late 20's, he's a sharp dresser, big smoker, has a mortgage and is up to his eyes in debt.’
     • ‘A travel policy is vital to ensure sickness or an accident don't leave you badly in debt when you come home.’
     • ‘They have to sell a player each year to balance the books but they are not up to their ears in debt like many Brazilian teams.’
     • ‘Personal bankruptcies are booming precisely because it's so easy to get in debt.’
     • ‘He took the cash when he was in debt to the tune of several thousand pounds.’
     • ‘It may be the season to be jolly, but most of us are just up to our eyes in debt, run off our feet and completely partied out.’
     • ‘I grew up in the years when to be in debt was shameful.’
     • ‘Politicians there are concerned the burden is too great for a country already in debt.’
     • ‘I have little choice but to find a better job in the same sector because student fees and loans have left me massively in debt.’
     owing money, in arrears, behind with payments, late with payments, overdue with payments, overdrawn

     View synonyms
  2. 1.2A feeling of gratitude for a service or favour.
     ‘I would like to acknowledge my debt to my teachers’
     • ‘All owe her a huge debt of gratitude for her many years of dedicated service to the Church.’
     • ‘Council chairman Alex Carder said the volunteers were owed a debt of gratitude by the rest of the community.’
     • ‘I owe a tremendous debt of gratitude to those past winners who have truly inspired me.’
     • ‘I owe a debt of thanks to Si for pointing out the deficiencies in my spelling.’
     • ‘Yet he is always careful to acknowledge the debt he owes the series for boosting his public profile.’
     • ‘More interesting is the debt Sinatra owed D' Amato, who served as the young singer's role model.’
     • ‘Though acknowledging a debt to the genre, Phillips says he had no specific models in mind.’
     • ‘The script is strong, owing a great debt to Frank Miller's graphic novel, Man Without Fear.’
     • ‘The point is that horror fiction, especially gothic horror fiction seems to owe a debt to St Augustine.’
     • ‘His early works owe a debt to van Gogh and Breitner, the Dutch Impressionist.’
     • ‘The Count acknowledges his great debt to the writer and performer, Steve Delaney.’
     • ‘He spoke of the debt we owe to the nation's founders and to the documents they left us.’
     • ‘I do owe him a debt, as it was reading his blog that first got me hooked.’
     • ‘He scared me the first few times I encountered him, but I owe him a huge debt.’
     • ‘He feels he owes a particular debt to Prowse, who first encouraged him to direct 11 years ago.’
     • ‘It truly is the end of an era but the people of Hull owe him a great debt and we must look at the great strides the city has made while has been leader.’
     • ‘He says that every year or two a movie comes along that owes Stevenson an obvious debt.’
     • ‘Harder to swallow but even more fundamental is the debt to society owed by the individual.’
     • ‘Her writing life began at eight with a story that owed a heavy debt to Black Beauty.’
     • ‘How can you repay such a debt to a friend who tells you about a writer like Roth?’

Phrases

be in someone's debt


• Owe gratitude to someone for a service or favour.

  • ‘If you know of any, drop me a line and I'll be in your debt forever.’
  • ‘Steve's contribution to date has been immense and is one for which the club and all associated with it will forever be in his debt.’
  • ‘I have never really had friends like your cousin and you and I will forever be in your debt.’
  • ‘Everyone at the college is in his debt and thank him most sincerely.’
  • ‘You are a national treasure and I will always be in your debt.’
  • ‘The continued support of this group of people over the years has made this a wonderful and memorable event and the soccer club will always be in your debt.’
  • ‘But we will always be in his debt for lyrics like these.’
  • ‘It was as if since Luke had saved her life, she felt like she was in his debt.’
  • ‘It should come as no surprise then that if the leader is able to secure a majority mandate, the party is in his debt, and not the other way around.’
  • ‘He knows I would hate being in his debt, and I'll bet that he's enjoying every minute of it.’

Gambling Debt Meaning In English Dictionary

Origin

Gambling Debt Meaning In English Translation

Middle English dette from Old French, based on Latin debitum ‘something owed’, past participle of debere ‘owe’. The spelling change in French and English was by association with the Latin word.