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indebtedness

noun

in·​debt·​ed·​ness in-ˈde-təd-nəs How to pronounce indebtedness (audio)
1
: the condition of being indebted
2
: something (such as an amount of money) that is owed

Example Sentences

his total indebtedness exceeded a year's income
Recent Examples on the Web On May 16 Chatham Asset Management sent a letter to John O’Malley, the Vericast CEO, offering to buy Vericast for $2.85 billion, the amount of its indebtedness. William Cohan, Town & Country, 18 Aug. 2022 The program is being touted as an alternative to the Chinese model, which critics say encourages overwhelming indebtedness in some of the world’s poorest countries, lacks transparency, and places Chinese interests above those of the partner country. Howard Lafranchi, The Christian Science Monitor, 28 June 2022 Even assuming a 20% loan-to-value ratio, that’s a lot of personal indebtedness. Andy Kessler, WSJ, 1 May 2022 These might include a qualification algorithm to unveil which lending product best matches a particular borrower, or a loan affordability algorithm, or a debt spiral protection algorithm to avoid over-indebtedness. Michel Kilzi, Forbes, 22 June 2022 Both sides are still in discussions to reduce the country’s budget gap and indebtedness, and minimize risks from the country’s adoption of the virtual currency. Santiago Pérez, WSJ, 14 May 2022 This indebtedness limits how many interest rate hikes the Fed can implement before causing problems in the stock market, the housing market, and the Treasury bond market. Adam Strauss, Forbes, 30 Apr. 2022 The pandemic had pushed up total indebtedness of the countries to a 50-year high, or the equivalent of more than 2.5 times government revenues. Yuka Hayashi, WSJ, 28 Mar. 2022 Household indebtedness does not stop with these formal forms of debt. Christian Weller, Forbes, 26 Dec. 2021 See More

Word History

First Known Use

1647, in the meaning defined at sense 1

Time Traveler
The first known use of indebtedness was in 1647

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