The company’s level of indebtedness has now become a major issue for its bankers. He always admitted his deep indebtedness to Vinogradoff and the methods of research inculcated by him. Total household indebtedness has gradually and consistently risen during this period.
How do you put debt in a sentence?
The company was in debt but is now turning a profit. I am deep in debt. I’m thousands of dollars in debt. She went into debt to pay for college.
What is debt in simple words?
Debt is the amount of 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. In simple words, debt is money borrowed from another party, for something you can’t afford.
Is debt positive or negative?
Although many might see debt as a negative, certain debt can stand out as especially positive to creditors. This is what is known as “investment debt,” which is normally associated with home loans or student loans. This debt not only takes longer to pay off, but it also accrues value for the banks.
What is the opposite of indebtedness?
Opposite of a state of being in debt or owing money. asset. ingratitude. ungratefulness. unappreciation.
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.
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 are indebtedness expenses?
Indebtedness is the state of being in debt, or owing money to someone else. … Someone can be in debt for bills that are due now, as well as bills that he knows will be due in the future. For example, indebtedness can refer to someone’s mortgage, or a car purchase on credit.
What does being indebted mean?
1 : owing gratitude or recognition to another : beholden. 2 : owing money. Synonyms Example Sentences Learn More About indebted.
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 debt a money?
Debt is money one person, organization, or government owes to another person, organization, or government. Typically, the person who borrows the money has a limited amount of time to pay back that money with interest (an additional amount you pay to use borrowed money).
What is debt and equity?
“Debt” involves borrowing money to be repaid, plus interest, while “equity” involves raising money by selling interests in the company. Essentially you will have to decide whether you want to pay back a loan or give shareholders stock in your company.
What is bank indebtedness?
Bank Indebtedness means all obligations and Indebtedness of Borrower to Bank, whether now or hereafter owing or existing, including, without limitation, all obligations under the Loan Documents, all obligations to reimburse Bank for payments made by Bank pursuant to any letter of credit issued for the account or …
How do you show debt of gratitude?
I owe a great debt of gratitude to him. We owe everyone concerned a great debt of gratitude. I wish to express a debt of gratitude to those officers for the risks they have undertaken. We owe an enormous debt of gratitude, in two world wars and in peace time, for the work which they have done.
What is a sentence for gratitude?
His kindness and support earned him her eternal gratitude. I remember them with gratitude. I sent him some money as a token of my gratitude. I would like to express my deep sense of gratitude to the staff for their patience.
What are the four Gratitudes?
Tracy also describes the four A’s of gratitude: appreciation, approval, admiration and attention. By incorporating these four elements into your life, you’ll boost your own self-esteem — and that of others. To learn more about expressing gratitude, click play.
What do you mean by owing?
owed, unpaid, or due for payment: to pay what is owing.
What does I am indebted to you mean?
indebted Add to list Share. 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.
Who is a debtor?
A debtor is a company or individual who owes money. If the debt is in the form of a loan from a financial institution, the debtor is referred to as a borrower, and if the debt is in the form of securities—such as bonds—the debtor is referred to as an issuer.
What are examples of debts?
Debt is anything owed by one party to another. Examples of debt include amounts owed on credit cards, car loans, and mortgages.
Is debt ever good?
But with smart money management and sound decisions, debt can be a good thing. Good debt is debt that’s used to pay for something that has long-term value and increases your net worth (such as a home) or helps you generate income (such as a smart investment).
Is a credit a plus or minus?