Definition, Meaning & Synonyms

deeply-indebted

Adjective

/ˈdiːpli ɪnˈdɛtɪd/

Definition

Having a significant amount of debt or being unable to pay back borrowed money.

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.

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.