Debt is a term used to describe money owed by one person or entity to another. ENCUMBRANCE (11 letters) is a legal obligation that limits the use of an asset, such as a LOAN or mortgage. RECKONING (9 letters) is the process of calculating or estimating something. INVOICE (7 letters) is a document sent by a seller to a buyer, detailing the goods or services provided and the amount DUE for payment. LIABILITY (9 letters) is a legal responsibility or obligation to pay a debt. DEFICIT (7 letters) is an amount by which something, especially a sum of money, is too small. INDEBTEDNESS (12 letters) is the state of owing money. ARREARAGE (9 letters) is an unpaid debt or an overdue payment. SIN (3 letters) is an immoral act considered to be a transgression against divine law. DUE (3 letters) is an amount of money that is owed or DUE to be paid. IOU (3 letters) is an informal document acknowledging a debt. HOCK (4 letters) is to pawn or pledge something as security for a LOAN. LOAN (4 letters) is a sum of money borrowed, often for a specific purpose. NATIONAL (8 letters) is relating to or belonging to a nation.