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Indebtedness

ɪnˈdɛtɪdnɪs

Indebtedness definitions
noun
indebtedness
  1. the condition of owing money

    "the industry is taking steps to reduce indebtedness and cut costs"

    • the feeling of owing gratitude for a service or favour

      "I wish to express my indebtedness to my parents for all they have done"