Definition, Meaning & Synonyms
clear-your-debts
Phrasal Verb
/klɪər jʊr dɛts/
Definition
To pay off all the money that is owed to creditors.
Examples
- It’s important to clear your debts before considering taking on new loans.
- She worked overtime to clear her debts as quickly as possible.
- He was finally able to clear his debts after years of hard work.
Meaning
The act of settling financial obligations by paying back borrowed money or outstanding accounts.
Synonyms
- settle debts
- pay off
- reduce liabilities
