What context can I use each word in?
Learn when and how to use these words with these examples!
debt
Example
I have a lot of debt from my student loans. [debt: noun]
Example
She is in debt because she spent more than she earned. [debt: noun]
balance
Example
I need to check my account balance before making a purchase. [balance: noun]
Example
After paying all my bills, I have a positive balance in my account. [balance: noun]
Good things to know
Which word is more common?
Balance is more commonly used than debt in everyday language. Balance is a versatile word that can be used in various contexts, while debt is more specific and often used in financial or legal contexts.
What’s the difference in the tone of formality between debt and balance?
Both debt and balance can be used in formal and informal contexts, but debt is more commonly used in formal settings such as legal or financial documents.
