The phrase "without debt" refers to a financial status in which a person or entity is not obligated to pay back any loans or owed money. There are several other phrases that can be used as synonyms for "without debt". One common term is "debt-free", which highlights the absence of any monetary obligations. Other synonyms include "unburdened with debt", "clear of debt", "free and clear", "in the black", and "financially unencumbered". These terms can be used interchangeably to convey the idea of having a clean slate in terms of financial obligations, which allows for greater savings and investment opportunities.