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indebtedness
[in-det-id-nis]
indebtedness
/ ɪnˈdɛtɪdnɪs /
noun
the state of being indebted
the total of a person's debts
Other Word Forms
- overindebtedness noun
Word History and Origins
Origin of indebtedness1
Example Sentences
The company also said it had established a $1.44 billion U.S. dollar reserve “to support the payment of dividends on its preferred stock and interest on its outstanding indebtedness.”
The company said it had established a $1.44 billion reserve in U.S. dollars “to support the payment of dividends on its preferred stock and interest on its outstanding indebtedness.”
"Markets appear complacent as the ground shifts," it said in its financial stability report, which noted risks from trade tensions, geopolitical uncertainty and rising sovereign indebtedness.
The latest consumption slump, however, has deepened amid not just a destruction in purchasing power, but also a precipitous drop in financial savings and surging indebtedness among the masses.
Gi-hun views it as the warped outcome of a system designed to relegate increasing numbers of people to a permanent state of indebtedness and poverty.
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