in·debt·ed·ness

[in-det-id-nis]
noun
1.
the state of being indebted.
2.
an amount owed.
3.
debts collectively.

Origin:
1640–50; indebted + -ness

o·ver·in·debt·ed·ness, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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World English Dictionary
indebtedness (ɪnˈdɛtɪdnɪs) [Click for IPA pronunciation guide]
 
n
1.  the state of being indebted
2.  the total of a person's debts

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Indebtedness is always a great word to know.
So is lollapalooza. Does it mean:
an extraordinary or unusual thing, person, or event; an exceptional example or instance.
an arrangement of five objects, as trees, in a square or rectangle, one at each corner and one in the middle.
Example sentences
Thus a big external deficit does not necessarily imply a commensurate rise in
  net indebtedness to foreigners.
Interest is deductible on the lower of acquisition indebtedness or remaining
  loan balance.
Future benefactions will depend on whether today's and tomorrow's students
  leave college with the same feeling of indebtedness.
But the pace of indebtedness has accelerated dramatically.
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