Etymology
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deb (n.)

slang shortening of debutante, by 1920 (Fitzgerald). The derived sub-deb is attested by 1917.

updated on July 08, 2018

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Definitions of deb from WordNet

deb (n.)
a young woman making her debut into society;
Synonyms: debutante
From wordnet.princeton.edu, not affiliated with etymonline.