Definitions for "Indebtedness" Add To Word List
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The sum owed; debts, collectively.
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The amount that is owed; thus amount of an entity's (individual, firm, or govement's) financial obligations to creditors.
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the condition of owing money.
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an obligation to pay money to another party
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If you owe money to another party (person, business or other entity), you are said to be "indebted" to that party.
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The amount of money that you owe to others.
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