define indebtedness - Search
  1. Dictionary

    in·debt·ed·ness
    [inˈdedədnəs]
    noun
    indebtedness (noun)
    1. the condition of owing money:
      "the industry is taking steps to reduce indebtedness and cut costs"
      • the feeling of owing gratitude for a service or favor:
        "I wish to express my indebtedness to my parents for all they have done"
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  2. People also ask
    What is an example of indebtedness?For example, indebtedness occurs when someone takes out a mortgage, or finances a car. Most people cannot pay for a home or a car outright, and so they are indebted to the bank for the amount of the loan that was given to them. Using a credit card to buy such things as clothing, or to pay for a trip, results in indebtedness.
    What is the synonym of indebtedness?Synonyms for indebtedness. arrearage, arrears, debt, liability. (usually liabilities), obligation, score.
    Is 'indebtedness' correlated with other 'crises'?Byalicia Adamczyk, Fortune, 11 July 2023 An remarkable facet of the rise of indebtedness is that it is correlated with other ‘crises’. Mike O'Sullivan, Forbes, 30 Mar. 2024 These examples are programmatically compiled from various online sources to illustrate current usage of the word 'indebtedness.'
    What does it mean to be indebted to SB?to be indebted to sb If you say that you are indebted to someone for something, you mean that you are very grateful to them for something. I am deeply indebted to him for his help. Read about the team of authors behind Collins Dictionaries. 2 meanings: 1. owing gratitude for help, favours, etc; obligated 2. owing money....
     
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