Refers to an utterly despicable "taking His name in vain" strategy, whereby you --- having previously either promised someone intimacy if he'd spend money on you, or used a similar promise to strip off and/or spread your legs as "collateral" in case you're unable to pay back a loan that you ask of him --- subsequently claim to have "gotten religion" and are therefore concerned that "He would not approve" of adultery/fornication, and thus you no longer feel that you should have to honor your promise of sexual favors.
The spiritual debt-relief ploy is one of the oldest and most pathetically disgraceful schemes for obligation-free mooching that the world has ever known, and has probably turned countless multitudes of disgruntled people off of established religion. About the only time that this strategy might be at all justified would be if you've gotten unwillingly dragged into obligation by an advantage-taking credophile during a moment of financial desperation, and are unable to pay him back despite your best efforts.
by QuacksO August 10, 2018
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When your junk is on lock down because you are in a relationship, but your nipples are free to play and you use them to get free drinks. Unfortunately you fail to pay your with a showing of your nipples. HENCE YOU ARE IN NIPPLE DEBT.
Clark is in so much Nipple Debt because of last Friday.
by vampireschoolgirl June 5, 2015
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a person who bounces his debt on any other people (even not related people) to avoid his own debt responsibilities ,

usually they insist other person has the money and will give it back

these type of people are usually absolute loosers in life in general and owe money to everyone, so they borrow money from other people to give their old debts back and they are always stuck in a debt circle and lies
a: hey jack, do you have that 50 you owe me ?
j: oh yes yes, tommy owes me 50, you can take it from him
a: i dont know tommy is, stop bouncing your debts bitch

a: hey tommi, jack said you owe him 50, he owes me so you can give it to me
t: ah fuck, jack is a debt bouncer dont trust him, i gave the cash to him last week
by ArnieeeK March 2, 2017
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Birthday debt, is when a friend, or family member forgets to get you a birthday present. The friend or family member is now in debt and has to give you two presents the following year.
"No, I need two presents, you're in birthday debt, remember?
by Fckmylifeeeee August 22, 2019
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Being in debt so much, that it is hard to meet it, which makes you sweat. Hence, it becomes a wet debt.
Harry is in a wet debt, because he is unable to make ends meet as he lost his job.
by Vipansh November 28, 2013
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A bet you make rashly to pay off someone or something.
This is a debt bet, but think of how awesome it would be to have no debts of any kind anymore!
by Ereck Flowers November 14, 2018
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Taken from the phrase year dot, year debt refers to a year when you've got lots of debt to pay back, especially after having a merry cashmas.
Man I had a fabulous Cashmas, but now I'm back to year debt!
by Little Computer Nerd December 19, 2009
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