Words / I / Business

indebtedness

noun/ɪnˈdetɪdnəs/

B2CEFR level
45/100Rarity: uncommon
TechnicalRegister

The state or extent of owing money.

Rising household indebtedness meant even a small rate rise pushed many families into arrears.

Similar: debt, liability

Topic: Finance in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Finance