Meaning & use
indebtedness
The state of owing money to someone, or a deep sense of gratitude for help received.
See it in a sentence
The country's growing indebtedness made it harder to borrow money from foreign banks.
She expressed her indebtedness to the mentor who had guided her career.
A note on using this word
Indebtedness can refer to financial debt or to a felt obligation of thanks; context usually makes the meaning clear.
Words with a similar meaning
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