Faculties with debts, large uni finally liquidated (9)
I believe the answer is:
abilities
'faculties' is the definition.
The definition and answer can be both related to thinking as well as being plural nouns.
Maybe you can see a link between them that I can't see?
I cannot understand how the remainder of the clue works.
Can you help me to learn more?
(Other definitions for abilities that I've seen before include "The powers to do" , "Talents" , "skills" .)