The phrase "acknowledgment of debt" is correct and usable in written English.
It is typically used in legal or financial contexts to refer to a formal recognition of a debt owed by one party to another.
Example: "The borrower signed an acknowledgment of debt to confirm the amount owed to the lender."
Alternatives: "debt acknowledgment" or "debt recognition".
Bond issues "are presently to be required of Germany in acknowledgment of her debt" of £3,000,000,000 sterling, bearing 2½% interest between 1921 and 1926; and an undertaking to deliver an additional amount of £2,000,000,000 sterling, bearing interest at 5%, under terms to be fixed by the commission.
In this work he expounded the theories of Marx, who was offended, however, because in his view Hyndman did not make the necessary acknowledgment of this intellectual debt.
The title of Mr. Barlow's new solo album, "Emoh" (Merge) is both an acknowledgment of this unpaid debt and a backward reference to one of the album's main themes.
Those approaches, in my eyes, are a tribute, a celebration, an acknowledgment of the enormous debt we owe him," said the scholar, drawing parallels between the situation in Spain and the uproar that greeted an Alabama publisher's excision of the word "nigger" from Mark Twain's The Adventures of Huckleberry Finn.
The government of Dubai said Wednesday that it had asked its banks for a six-month stay on its schedule of debt repayments, in a blunt acknowledgment of the once-booming Middle Eastern emirate's financial woes.
In a tacit acknowledgment of the growing problem of bad debt in the state-owned banking system, Mr. Mukherjee said the government would invest 158.9 billion rupees in state-owned banks.
LONDON — The government of Dubai, in a blunt acknowledgment of the severity of its financial position, said on Wednesday that it had asked its banks for a six-month stay on its schedule of debt repayments.
$69.4 million of debt securities.
