Owing money, one might say for sport (4)
I believe the answer is:
judo
'for sport' is the definition.
(judo is a kind of sport)
I can't explain the remainder of the clue.
Can you help me to learn more?
(Other definitions for judo that I've seen before include "Contact sport" , "Self-defence discipline" , "Throwing sport (from the Japanese for gentleness)" , "Unarmed combat sport" , "event" .)