simple contract debtglossary / simple-contract debt A debt that is either oral or written but is not of record and not under seal. — Also termed debt by simple contract. 词条贡献者 译者陈鹏,毕业于一所培养高级翻译以及跨文化事务专家的精英大学,擅长翻译各种与诉讼及争议解决相关的法律文件。