Indebtedness
Pronunciation: /ˌɪnˈdɛtɪdnɪs/
Indebtedness (noun)
- The condition of having to pay back money that you borrowed.
- A sense of being grateful or obligated to someone for help or support.
Examples
- The company faced significant indebtedness after the investment failed.
- She felt a deep indebtedness to her mentor for their guidance.
Common collocations: financial indebtedness, personal indebtedness, sense of indebtedness, cultural indebtedness