Definition of "indebtedness" []

• The state of being indebted. (noun)
• Something owed to another. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "That was damaging enough to the principles of capitalism, but reduction of principal indebtedness is just another step in punishing prudent investors and indicates a lack of understanding of the dire consequences of that policy."
• "Although it seems as if it crept up on us, student-loan indebtedness is not an accident but a policy."
• "Here's one of the vote deprived indebted cons whose case, with help from the ACLU, went to our state supreme court claiming she's being punished by not being able to vote until her financial indebtedness is paid off - at a rate of $10 a month plus interest:"