indebtedness

C2+ Topic:Money & Finance
US /ɪnˈdɛtɪdnəs/ UK /ɪnˈdɛtɪdnəs/
noun

Meanings

  1. 1
    noun

    the state of owing money or gratitude

    Years of indebtedness finally forced the firm into bankruptcy.

Thesaurus

Synonyms
1 noun · the state of owing money or... debtobligationliabilityarrearsgratitude
Opposites
solvencycreditworthiness
Word family
Related forms indebteddebtdebtordebit

Etymology

From indebted + -ness; indebted from Old French endette, past participle of endetter ('to involve in debt'), from en- + dette ('debt'), from Latin debitum ('thing owed'), from debere ('to owe').

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