English > indebtedness: 2 senses > noun 1, state| Meaning | An obligation to pay money to another party. |
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| Synonyms | liability, financial obligation |
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| Narrower | account payable, payable | A liability account showing how much is owed for goods and services purchased on credit |
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| arrears | The state of being behind in payments |
| debt | The state of owing something (especially money) |
| limited liability | The liability of a firm's owners for no more than the capital they have invested in the firm |
| scot and lot | obligations of all kinds taken as a whole |
| Broader | obligation | The state of being obligated to do or pay something |
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| Spanish | deuda, endeudamiento, obligación financiera, obligación, pasivo, responsabilidad |
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| Catalan | deute, deutes, obligació, passiu, responsabilitat |
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| Adjectives | indebted | under a legal obligation to someone |
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