Define: Antecedent Debt

UK Accounting Glossary

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.



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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Antecedent Debt. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. April 02, 2020 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: April 02, 2020).
American Psychological Association (APA):
Antecedent Debt. PayrollHeaven.com. Retrieved April 02, 2020, 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.