KC Definition

Debt is a means for obtaining things that improve the quality of our lives right now which would otherwise take us a lifetime to save up for. Debt creates accountability; debt is a vested interest; debt is a transaction of trust and a statement of hope for the future. No one would take on a debt or allow one to be taken against them if they didn't truly believe it could and would be repaid. Debt is optimism.

KH Debt Definition

An irreducible remainder of the unbalanced identity relation between means, wants, and needs.

The wonderful magnificent prison

To have debt is to have what you don't own. Who wants to own anything?
The sensation of having debt leads us to reciprocation, avoidance, and our quality of response defines a path. Families and friendships are built by layers of debts, which are accumulations of energy, time, and money. The accrual of interest is where our lives happen. Regular payments and/or delinquency defines the length of the loan and the karmic consumer report.
The search for balance and freedom forms the interpersonal market place, where we do a lot of business. Finance has lead us to hold ourselves for ransom with guilt and fear for owing anyone anything, but debt is a diverse force with profitability and expensiveness. If you choose your lenders wisely, debt has pure value, and it creates a spectrum of complications which necessarily interrupt what seems to be the simple life.