indebtedness indebtedness  /ɪn ˈdɛ tɪd nɪs/

Definition(s):

  1. (n) an obligation to pay money to another party
  2. (n) a personal relation in which one is indebted for a service or favor

Usage(s):

  1. That rise in indebtedness is now giving way to what looks to be a long slide.
  2. The over-indebtedness hitherto presupposed must have had its starters.
  3. And so government indebtedness and spending are being substituted for consumer indebtedness and spending.

News

  1. Bank Street Joint Lead Arranger for $135 Million Alpheus Credit Facility

    Credit Facility Refinances Existing Indebtedness and Provides Platform for Growth (PRWeb June 10, 2013) Read the full story at http://www.prweb.com/releases/2013/6/prweb10815728.htm
    on June 10, 2013     Source: PRWeb

  2. Kansas pays off Certificate of Indebtedness

    News release from the office of Kansas Governor Sam Brownback: The State of Kansas paid off its $400 million Certificate of Indebtedness for Fiscal Year 2013 Friday.  The state issues an annual certificate
    on June 8, 2013     Source: KFJX Pittsburg

  3. Moody's joins Fitch in downgrading Ill. credit

    A second major rating agency is downgrading Illinois' credit worthiness. Moody's Investors Service lowered the state's $27 billion in outstanding bonded indebtedness Thursday to A3 from A2. The new rating's ...
    on June 7, 2013     Source: Associated Press via Yahoo! News

Quotes

  1. Dodd said: "Growth is slowing. Inflation is rising. Consumer confidence is plummeting, while indebtedness is deepening."
    on Feb 28, 2008 By: Chris Dodd Source: TIME

  2. Fillon said he "understands the worries" of workers, but added, "We must break the spiral of indebtedness. ...... We need a bit of courage."
    on Jun 25, 2010 By: Francois Fillon Source: The Associated Press

  3. "There's a huge level of personal indebtedness out there, people with huge mortgages and so on," Rabbitte said. "They may have been fearful of changing horses in midstream."
    on May 24, 2007 By: Pat Rabbitte Source: International Herald Tribune

Word of the Day
untenable untenable
/ən ˈtɛ nə bəl /