The most common and most likely answer to this crossword clue is the 9 letter word LIABILITY
I've seen this crossword clue in The Guardian
L
I
A
B
I
L
I
T
Y
More clues leading to the result LIABILITY
- One admitted to being unstable? It’s still to be settled
- Burden left to current power
- Debt claim oddly ignored by faculty
- Large institute with faculty debt
- After raising surety, I settled with unknown troublemaker
- Debt of £1 on gift
- Disadvantage in wobbliness about word ER avoids?
- I’m told skill in storytelling is a drawback
- Pounds given to one with potential for debt
- Blame left’s incompetence, with election finally lost
Buddy explains!

The straight part
We know that "debt" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case debt = liability.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does LIABILITY mean?
LIABILITY noun- An obligation, debt or responsibility owed to someone.
- A handicap that holds something back, a drawback, someone or something that is a burden to whoever is required to take care of them; an individual or action that exposes others to greater risk.
- The likelihood of something happening.
- The condition of being susceptible to something.