debt it Share definition Flag A term used in place of 'forget it' or 'don't worry about it'. Popularised in UK hip hop/slang culture. Just say you regret it, and we can just debt it. Dude, that was a long time ago; just debt it. debt it by daniel-daniel-daniel March 20, 2019 0 0 Get merch Get the debt it mug. Buy Now — $32.95 See more merch