"Indebtedness" refers to the state of owing someone or something, usually money or a favor. It implies a sense of obligation or being in debt to someone or something. Full definition
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The first hearing is in support of Senate 1521, An Act relative to discharge of indebtedness of principal residence from gross income. (themarreport.com)
Generally there are two to three regions of indebtedness in which all states require minimum coverage. (01autoinsurance.com)
Total household indebtedness at $ 11.63 trillion, is down 0.2 percent from the previous quarter. (newyorkfed.org)