He contracted huge debts by rash spending.是什么意思？

He contracted huge debts by rash spending.

他由于大手大脚地花钱而负了大量的债。

he

pron. 他，它，一个人；n. 雄性动物；

例句
Logic had prevailed and he had abandoned the idea.
最终理智占了上风，他打消了那个念头。

contracted

adj. 收缩了的，已定约的，契约的；

例句
The Boston Museum of Fine Arts has already contracted to lease part of its collection to a museum in Japan.
波士顿美术博物馆已经签订合同，将其部分藏品租借给日本一家博物馆。

huge

adj. 巨大的，庞大的，极大的；

例句
Thousands of farmers from across Europe have held a huge demonstration in the centre of Brussels...
来自欧洲各地的数千农民在布鲁塞尔市中心举行了大规模的示威游行。

debts

n. 债( debt的名词复数 )，负债情况，人情债，情义；

例句
I'm dealing with customers all the time who have let their debts get out of control.
我成天和那些负债累累、无力偿还的顾客们打交道。

by

prep. 在…旁边，表示方式，由于，经过；adv. 经过，表示保留或保存时用，短暂拜访；

例句
...expensive make-up that we saw being advertised by a beautiful model...
我们所见的由一位漂亮模特代言的昂贵化妆品

rash

adj. 鲁莽的，轻率的，性急的，不顾后果的；n. （皮）疹，爆发，同时大量出现的事件；

例句
It would be rash to rely on such evidence...
依靠这样的证据是草率的。

spending

n. 开销，花费；v. 用钱，花钱( spend的现在分词 )，花费，消耗，花（时间）；

例句
Health spending tends to rise disproportionately as countries become richer; but even adjusting for this, America is a case apart.
随着国家愈加富有，医疗保健费用增加的幅度却往往与之不成比例；但即使美国为此作出调整，还是与别国不同。