The Mosaic law encouraged the practice of lending (Deuteronomy 15:7; Psalm 37:26; Matthew 5:42); but it forbade the exaction of interest except from foreigners. Usury was strongly condemned (Proverbs 28:8; Ezek. 18:8, 13, 17; 22:12; Psalm 15:5). On the Sabbatical year all pecuniary obligations were cancelled (Deuteronomy 15:1-11). These regulations prevented the accumulation of debt.

Noah Webster's New International Dictionary of the English Language

1. (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.

2. (n.) A duty neglected or violated; a fault; a sin; a trespass.

3. (n.) An action at law to recover a certain specified sum of money alleged to be due.