Antecedent Debt

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Definition: Antecedent Debt

Quick Summary of Antecedent Debt

A legally enforceable obligation, which has been in existence prior to the time in question, to reimburse another with money or property.

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Sources

What is the dictionary definition of Antecedent Debt?

Dictionary Definition

An Antecedent Debt is a previously contracted debt that was once binding but has since become unenforceable.

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To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

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https://payrollheaven.com/define/antecedent-debt/
Modern Language Association (MLA):
Antecedent Debt. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. October 21, 2021 https://payrollheaven.com/define/antecedent-debt/.
Chicago Manual of Style (CMS):
Antecedent Debt. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/antecedent-debt/ (accessed: October 21, 2021).
American Psychological Association (APA):
Antecedent Debt. PayrollHeaven.com. Retrieved October 21, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/antecedent-debt/

Definition Sources

Definitions for Antecedent Debt are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 8th December, 2019 | 13 Views.