Indebtedness: meaning, definitions and examples

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indebtedness

 

[ ɪnˈdɛtɪdnəs ]

Context #1

financial

The state of owing money; financial obligation. Indebtedness can arise from borrowing money, purchasing goods or services on credit, or any other form of financial liability.

Synonyms

debt, liability, obligation

Examples of usage

  • His indebtedness increased significantly after taking out a loan for a new car.
  • The company's indebtedness to various suppliers was causing cash flow problems.
Context #2

emotional

A feeling of gratitude or obligation towards someone for help or a kind gesture. Indebtedness in this sense refers to being thankful and appreciative for the support received.

Synonyms

appreciation, gratitude, thankfulness

Examples of usage

  • She felt a deep sense of indebtedness towards her mentor for guiding her throughout her career.
  • I will never forget your kindness; my indebtedness to you is immeasurable.

Translations

Translations of the word "indebtedness" in other languages:

🇵🇹 endividamento

🇮🇳 ऋणग्रस्तता

🇩🇪 Verschuldung

🇮🇩 utang

🇺🇦 заборгованість

🇵🇱 zadłużenie

🇯🇵 負債

🇫🇷 endettement

🇪🇸 endeudamiento

🇹🇷 borçluluk

🇰🇷 부채

🇸🇦 مديونية

🇨🇿 zadluženost

🇸🇰 zadĺženosť

🇨🇳 负债

🇸🇮 zadolženost

🇮🇸 skuldir

🇰🇿 қарыздарлық

🇬🇪 ვალდებულება

🇦🇿 borclu olma

🇲🇽 endeudamiento

Word origin

The word 'indebtedness' originated from the Old French word 'endeeter' which meant 'to involve in debt'. Over time, the term evolved to 'indebtedness' in English, encompassing both financial and emotional connotations. The concept of indebtedness has been a fundamental aspect of human societies, reflecting the interdependence and obligations that exist between individuals and groups.

See also: debt, debtholder, debtor, debts, indebted.