by Jake Squawk May 29, 2013
Get the Debt-Worth mug.Similar to "tech debt", accounting debt is incurred when accounting departments take shortcuts either at the start of a companies life or during a busy period. These shortcuts then have to be "paid off" (i.e. corrected) by that same department or a third party at a later date. This phrase was coined by accountant Matthew R Williams, ACA in New York City on 23-Jun-22.
We could simply transfer the money now and sort out the loan agreements at a later date. We have to be conscious though that this would be adding to the departments existing accounting debt.
by Rob717 June 23, 2022
Get the Accounting Debt mug.A conspicuous consumer who laments he/she "can't" pay his/her student loan or utility bills while headed out for a case of bottled water, carton of smokes, concert ticket or tattoo, etc. The thought of economizing or getting a second job to pay off debt is wholly repugnant. Much more attractive options for this type of person are federally mandated loan forgiveness, Go Fund Me campaigns, or even bankruptcy.
She spendshuge amounts on designer clothes, gourmet foods, etc., then complains she can't pay her rent. She's always looking for a way to get others to pay her bills--she's a true PSDD (Perrier sipping/swilling debt dodger)!!
by Travelingmankc April 1, 2021
Get the PSDD (Perrier Sipping/Swilling Debt Dodger) mug.Hym "Because I have DEBT COLLECTORS and these niggas talk'm bout some 'would you like to set up a payment.' NO BITCH! I do not. I don't have any fucking money. So no. And the buzzer to my apartment doesn't work either. You need to make a concerted effort to reach me. I communicate by way of mail, text, and YouTube bitch. That is all. Dms on Facebook."
by Hym Iam September 2, 2025
Get the Debt collectors mug.by Castro/Bautista RKA December 15, 2018
Get the Debt mug.School's nefarious way of punishing children and teenagers for being hungry, because for whatever reason The American School System decided that students deserve to experience severe anxiety and hunger for being poor.
It can also prevent students from graduating and can potentially force them into fucking foster care.
It can also prevent students from graduating and can potentially force them into fucking foster care.
by I Can't Think of a Name lol January 28, 2024
Get the Lunch Debt mug.Increasingly common throughout the 21st century, "cognitive debt" refers to the phenomenon where your brain is increasingly "untrained" due to outsourcing your thinking to Google or ChatGPT.
With all the answers just a quick search away, I realized I was accumulating cognitive debt—my brain felt rusty because I relied too much on Google instead of remembering things myself.
by Emotional Cruiser September 25, 2025
Get the cognitive debt mug.