0 the condition of owing money, or the amount of money owed:
1 a feeling of being grateful because you have been helped:
The league owes a huge debt of gratitude and indebtedness to those two players.
My indebtedness to persons and institutions for help in this undertaking is huge.
We acknowledge indebtedness to the researches and writings of other historians.
You may not want to stretch out your mortgage indebtedness another 30 years.
Saving is the lowest for almost 50 years and personal indebtedness is soaring.
Students here have some of the highest levels of student loan indebtedness.
Dad reflects upon his years working at the garage with a sense of indebtedness.
You see the indebtedness to Pollock, Gorky, and de Kooning in her work.