Indebtedness: meaning, definitions and examples

Typically used in formal or financial contexts to indicate a state of owing money or gratitude, often to multiple parties.

• The company's indebtedness to the banks has reached an all-time high.
• He expressed his deep indebtedness to his mentors.

Commonly used in everyday language to describe the amount of money that is owed by an individual or entity, can have a negative connotation.

• She has a lot of student debt to pay off.
• The country is struggling with national debt.

Often used in legal or accounting contexts to describe financial obligations or risks. It can also imply a burden or drawback.

• The liabilities of the company are listed on the balance sheet.
• His reckless behavior has become a liability for the team.

Used to describe a duty or commitment, which might be financial but is not limited to monetary contexts.

• He has an obligation to support his family.
• The contract outlines her obligations to the company.

Use this word when you want to express a strong feeling of owing someone for their help or favour. It often implies a sense of moral obligation or duty.

• I feel a deep sense of indebtedness to my mentor for guiding me through my career.
• His act of kindness left me with a feeling of indebtedness that I could never fully repay.

Gratitude is used to express a feeling of thankfulness and appreciation towards someone who has done something kind or helpful. It is a heartfelt acknowledgment of the benefits received.

• I feel deep gratitude for all the support I've received from my family.
• His words were filled with gratitude after receiving the unexpected gift.

Thankfulness is often used to convey a feeling of being pleased or thankful for something that has happened. It's commonly used in a casual or personal context.

• She expressed her thankfulness to everyone who attended her birthday party.
• Living in peace is something we should all have a sense of thankfulness for.

This word is suitable for expressing recognition and enjoyment of the good qualities of someone or something. It's often used in both formal and informal settings.

• I wanted to show my appreciation for all the hard work the team has put in.
• She smiled in appreciation as she received the compliment.