indebtedness Meaning, Definition & Usage

  1. noun an obligation to pay money to another party
    liability; financial obligation.
  2. noun a personal relation in which one is indebted for a service or favor
    obligation.

WordNet


In*debt"ed*ness noun
Definitions
  1. The state of being indebted.
  2. The sum owed; debts, collectively.

Webster 1913