out of debt

out of debt

No longer having a debt owed to one or more other people, corporations, banks, etc. It feels so good to finally be out of debt. Now I can finally start a meaningful savings account. I know that they've been struggling to get out of debt for years.
See also: debt, of, out
Farlex Dictionary of Idioms.

*out of debt

no longer owing a debt. (*Typically: be ~; get ~; get oneself ~.) I've taken a second job so I can get myself out of debt.
See also: debt, of, out
McGraw-Hill Dictionary of American Idioms and Phrasal Verbs.
See also:
  • up to (one's) ears in debt
  • up to your ears in debt
  • head over heels in debt
  • in debt
  • pay (one's) debt
  • pay debt
  • something or no something
  • (something) or no (something)
  • go into hock
  • neither a borrower nor a lender be