ENGLISH
REFERENCE

indebtedness

n. uncountable
C1 Advanced US //ˌɪnˈdɛtɪdnɪs// UK //ˌɪndˈɛtɪdnəs// in·debt·ed·ness

n. the state of owing money to someone or something. It is often used to talk about a country or a person's total debt.

n. the state of being in debt; the total amount of money owed. Often used in financial or economic contexts to describe the aggregate liabilities of an entity.


SIMPLE

The country's level of indebtedness is very high.

CONTEXTUAL

Economists warned that the rapid increase in public indebtedness could lead to a financial crisis if not managed carefully.

COMPLEX

While the initial investment promised high returns, the resulting increase in corporate indebtedness eventually made the firm vulnerable to even minor shifts in interest rates.

Synonyms
Origin

From indebted + -ness.

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