When you're indebted to someone, you owe that person something. It could be that you owe money, or it could be you're just grateful for a nice thing the person did. ... You might be indebted to your credit card company, meaning you owe them money.

What does it mean if someone is indebted?

1 : owing gratitude or recognition to another : beholden. 2 : owing money.

What is indebtedness in a sentence?

1. an obligation to pay money to another party 2. a personal relation in which one is indebted for a service or favor. 1, Mortimer recounted his indebtedness to her in his autobiography. 2, The company has reduced its indebtedness to just $15 million.

What does it mean to be heavily indebted?

adjective. If you say that you are indebted to someone for something, you mean that you are very grateful to them for something.

Is indebted a positive word?

indebted adjective (GRATEFUL)

We're deeply indebted to you for your help. gratefulI'm grateful for your kindness. appreciativeI'm really appreciative of all the help you've given me.

Why You Should Never Consider Suicide Over Debt

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How do I stop feeling indebted to someone?

Give gifts freely, without strings attached

When giving gifts, it's important to give freely and without an expectation of getting something in return. If people think you are asking them to reciprocate in some way or that you are trying to obligate them, they will be much less likely to feel grateful.

What is the opposite of indebtedness?

Opposite of a state of being in debt or owing money. asset. ingratitude. ungratefulness. unappreciation.

How do you use indebtedness in a sentence?

Indebtedness sentence example

1. Table B shows the total indebtedness of the Ottoman Empire, exclusive of tribute loans. ...
2. In addition to the indebtedness of the national government, the individual states have also incurred funded debts of their own.

What is a letter of indebtedness?

Letter of Indebtedness means an acknowledgement made by the Issuer with respect to the indebtedness it has incurred in relation to the Bond Issuance, as stated in a deed dated 17-03-2008 (seventeenth of March, two thousand and eight) number 27 along with all amendments and/or supplement thereto and/or renewals thereof ...

Is indebtedness a legal term?

Indebtedness or indebtness is the state of being indebted. It can refer to something owed to another. It can be an obligation to pay money to another party or it can be gratitude or recognition to another for help or favors.

What is indebtedness in sociology?

Indebtedness means an obligation to pay money to another party. In rural India the poor farmers and wage labours etc. when are unable to repay a loan and accumulate it, gives rise to the problem of rural indebtedness.

What is indebtedness business?

It is the extent of a firm's funding through fixed income securities such as bank loans, commercial papers and external commercial borrowings. Since the debt component in a firm's capital structure tends to improve the return on equity, it is also referred to as leverage or gearing.

What do you call it when you owe someone money?

Money that you owe is called a debt.

What is indebtedness expense?

The definition of indebtedness is the state of owing something (usually money) to someone, or the total amount owed. An example of indebtedness is when you owe the bank $100 and your friend $200. ... The amount owed; all one's debts.

What does contract and indebtedness mean?

Contract indebtedness occurs when a lender and borrower have a legally binding contract because of debt. In other words, the lender has a right to seek collection of the debt if the borrower should default, or stop making payments.

What does not indebted mean?

1 owing gratitude for help, favours, etc; obligated. 2 owing money. not on your tintype exp. absolutely not; not in this lifetime. Slang expression used mostly in 19th century.

How do you use equipped in a sentence?

1) He equipped himself for a long journey. 2) The centre is well equipped for sailing. 3) Our laboratory is well equipped. 4) Their living room is equipped with all kinds of modern appliances.

What is the difference between debt and indebtedness?

As nouns the difference between debt and indebtedness

is that debt is an action, state of mind, or object one has an obligation to perform for another, adopt toward another, or give to another while indebtedness is state of owing money; being in debt.

What do you mean by debts?

Debt is something, usually money, borrowed by one party from another. ... A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.

What does Unbeholden mean?

: not having an obligation to someone : not indebted or beholden In our age, for the first time, they could gain power themselves, unbeholden to tribal leaders for support.—

When people make you feel indebted?

When you're indebted to someone, you owe that person something. It could be that you owe money, or it could be you're just grateful for a nice thing the person did. ... You might be indebted to your credit card company, meaning you owe them money.

What is a debt of gratitude?

: appreciation or thanks that someone should give another person We owe them a debt of gratitude for all the help they've given us.

How do I repay gratitude?

1. KEEP IT SIMPLE. Don't overthink how you can express your gratitude. ...
2. MAKE AN EFFORT. ...
3. GIVE A GIFT. ...
4. RETURN THE FAVOR. ...
5. PAY IT FORWARD. ...
6. THINK.