Definition of indebtedness noun from the Oxford Advanced Learner's Dictionary



    BrE BrE//ɪnˈdetɪdnəs//
    ; NAmE NAmE//ɪnˈdetɪdnəs//
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  1. 1indebtedness (to somebody) (formal) the feeling of being grateful to somebody/something for their help, advice, influence, etc. His deep indebtedness to Karen Burton is acknowledged in this book.
  2. 2the position of owing money to other countries, organizations or people Today we are living in an era of indebtedness. personal/private/corporate indebtedness