[
UK
/ˌɪndˈɛtɪdnəs/
]
[ US /ˌɪnˈdɛtɪdnɪs/ ]
[ US /ˌɪnˈdɛtɪdnɪs/ ]
NOUN
- an obligation to pay money to another party
- 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