"Indebtedness" Pronounce,Meaning And Examples
"Indebtedness" Natural Recordings by Native Speakers
"Indebtedness" Meaning
Debt or financial obligation. A state of owing money or being in a situation where one is responsible for repaying a loan or sum of money. Also refers to the condition of being heavily in debt, often implying financial difficulties or strain.
"Indebtedness" Examples
Usage Examples for "Indebtedness"
1. In financial news:
The company's high level of indebtedness has raised concerns among investors, leading to a significant drop in its stock value.2. In personal finance:
After overspending on credit cards, Sarah felt overwhelmed by her growing indebtedness and turned to a financial advisor for guidance.3. In academia:
The researcher's study explored the impact of excessive government indebtedness on economic growth and stability.4. In business:
The CEO admitted that the company's new acquisition had added to its existing indebtedness, but insisted that the investment would yield long-term benefits.5. In journalism:
The investigative report exposed the corrupt practices of government officials, who had used public funds to accumulate massive indebtedness and conceal their actions."Indebtedness" Similar Words
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Indebt
In debt or indebt refers to being in a state of owing something, typically money, to someone or an institution. This can be a result of borrowing, spending more than one has, or failing to repay a loan or debt. Being indebt can lead to financial difficulties and stress, as one is obligated to repay the debt or face consequences such as penalties, interest, or even bankruptcy. Examples of being indebt include having a mortgage, credit card debt, student loans, or personal loans.
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