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defeat the debt 

Name of an AstroTurf entity created by Berman & Co.. Pretends to be a grass movement; asks for donations. Website basically explains that taxes on the rich are too high and can't be raised (statistics are wrong). Video ads claim that the health care reform bill will increase the deficit (in contradiction to the Congressional Budget Office estimate, that it will reduce the deficit).

"Defeat the Debt" is part of an anti-labor, anti-poor, anti-consumer, anti-U.S. front group that is wholly motivated by money and hatred of the working class.
So now, everywhere you go you see ads for "Defeat the Debt." What's that all about?

Oh, it's basically a bunch of rich folks trying to pull the same bullshit they've used since 1981, destroying education and infrastructure, leaving poor children to rot in homeless shelters, and terrorize workers so they'll tolerate any cruelty the managers want to inflict.
defeat the debt by Severed Cow Head September 12, 2010

Buy The Debt 

If you are a "Computer Genius" (aka, you know how to reformat a floppy) and agree to fix or, in any way remedy someone's computer problem, you have now "bought the debt." This means that it will be your eternal responsibility to instantly respond to any irregularity with, or question on, this machine.

This includes, but is in no way limited to the hardware and software on the machine at the time, and any purchased (or, more likely, pirated) in the future...”

If you do not respond within 30-90 minutes your "client" reserves the sole right to call and email you until they get an answer...and/or badmouth you to friends in perpetuity (which they will probably do anyway since you "did not fix it good enough to begin with").

God help you if you do it as a “favor,” because that invokes the “Friend” provision which quadruples all responsibilities but reduces, by a factor of ten, all tangible reward.

You'll know you have bought the debt if someone says one of the following to you:

"It was working fine before you did whatever you did"

"I'll make you dinner and you can fix my computer (and there is no promise of sex after Photoshop is successfully installed)"

"Walk me through it on the phone--it should only take a few minutes"

..oh there are so many more...

Origin of this phrase is in Mafia-speak where one mobster would whack another...but dead mobster owed the Big Boss 200 large. Now his killer must pay the Boss his 200 large...he just bought the debt (is responsible for it until death).
I helped my friend's dad install Quickbooks last April and he is still calling me with printing problems...boy I really bought the debt on that one.
Buy The Debt by Mcarr1 September 2, 2005

The debit card 

Running anything between someone’s ass cheeks like making a purchase at the local shit and get.
Damn baby, i’m About to slide my dick down your crack like my debit card.

My man really gave me the debit card last night.
The debit card by Elwipfo November 19, 2017

lord of the debits and credits 

one who has completed all the mastery problems in the accounting book.
Mr. Bandino: after you do your work together try and tackle the mastery problem so you can be the lord of the debits and credits.

the debaters on friday 

a fun little way to get the heck out of school
im going to the debaters on friday

servicing the debt 

Having sex with your spouse.
Hey Bob, why are you late?

Oh, I was servicing the debt.

Oh, ok, how's Karen btw?