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indebtedness

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[ UK /ˌɪndˈɛtɪdnəs/ ]
[ US /ˌɪnˈdɛtɪdnɪs/ ]
NOUN
  1. an obligation to pay money to another party
  2. a personal relation in which one is indebted for a service or favor

How To Use indebtedness In A Sentence

  • The company's assertions in its books of account did not establish the indebtedness of the appellants or any payment of money in discharge of that indebtedness.
  • For men, gratitude and indebtedness are more likely to co-occur. Heidi Grant Halvorson, Ph.D.: Explained: Why Men and Women React Differently to Kindness
  • Enclosed is a sight draft for & 26.10.5 on messrs. robert & amp ; sons , which clear off our indebtedness to you.
  • His attorney recalled that he gave him a release in letter format from the promissory note indebtedness in exchange for receiving five Fieldway shares.
  • the aggregated amount of indebtedness
  • The company's level of indebtedness has now become a major issue for its bankers.
  • The novel's indebtedness to the Gothic tradition is well established.
  • Total household indebtedness has gradually and consistently risen during this period.
  • The defendants take no issue regarding the manner of realization of Maple City's assets by the Receiver or the quantum of the outstanding indebtedness.
  • In the 1970s, King Bhumibol Adulyadej coined the term to discourage indebtedness caused by overinvestment and overconsumption in rural areas. Thailand and Mass Politics
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