Definition, Meaning & Synonyms
deeply-indebted
Adjective
/ˈdiːpli ɪnˈdɛtɪd/
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Definition
Having a significant amount of debt or being unable to pay back borrowed money.
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Examples
- After years of poor financial management, she found herself deeply indebted to several creditors.
- The country was deeply indebted to foreign nations, affecting its economic stability.
- He realized he was deeply indebted and needed to create a repayment plan to regain control of his finances.
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Meaning
The term ‘deeply-indebted’ describes a state where an individual or organization has accrued a considerable amount of financial obligations, making it challenging to repay what is owed.
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Synonyms
- in debt
- financially obligated
- overextended