indebtedness

[ɪnˈdɛtɪdnəs]

indebtedness Definition

• 1. the state of owing money to someone or something
• 2. a feeling of gratitude towards someone for their help or kindness

Using indebtedness: Examples

Take a moment to familiarize yourself with how "indebtedness" can be used in various situations through the following examples!

• Example

  The company's indebtedness has increased due to the pandemic.

• Example

  She expressed her indebtedness to her mentor for guiding her throughout her career.

• Example

  He was unable to pay off his indebtedness to the bank.

indebtedness Synonyms and Antonyms

Synonyms for indebtedness

• liability
• obligation
• debt
• arrears
• red ink

Antonyms for indebtedness

• credit
• asset

Phrases with indebtedness

• deep indebtedness

  a significant amount of debt owed to someone or something

  Example

  The company was in deep indebtedness and had to declare bankruptcy.

• sense of indebtedness

  a feeling of gratitude towards someone for their help or kindness

  Example

  I have a sense of indebtedness towards my parents for supporting me through college.

• financial indebtedness

  the state of owing money to someone or something

  Example

  The country's financial indebtedness has been increasing over the years.

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Summary: indebtedness in Brief

Indebtedness [ɪnˈdɛtɪdnəs] refers to the state of owing money to someone or something, as well as a feeling of gratitude towards someone for their help or kindness. It can be used in phrases like 'deep indebtedness' and 'sense of indebtedness.'