IPA: /ˈdɛt.ləs/
KK: /ˈdɛt.ləs/
Not having any money owed to others; free from financial obligations.
After paying off all his loans, he felt debtless for the first time in years.
Debtless → It is formed from "debt" (from Old French *dette*, meaning something owed) and "-less" (meaning without). The word "debtless" means without debt or free from obligations.
Think of being 'without' ('-less') something you 'owe' ('debt') — that's why debtless means free from debt.