Indebtedness

[ɪn'detɪdnɪs] or [ɪn'dɛtɪdnɪs]

Definition

(noun.) an obligation to pay money to another party.

Checked by Aubrey--From WordNet

Definition

(n.) The state of being indebted.

(n.) The sum owed; debts, collectively.

Editor: Mamie

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