How Do You Spell INDEBTEDNESS?

Pronunciation: [ˌɪndˈɛtɪdnəs] (IPA)

The word "indebtedness" is spelled as /ɪnˈdɛtɪdnɪs/. The first syllable, "in," is pronounced as /ɪn/, which rhymes with "win." The second syllable, "debt," is pronounced as /dɛt/, with a short "e" sound and a hard "t." The third syllable, "-ed," is pronounced as /ɪd/, with a short "i" sound and a hard "d." The fourth syllable, "-ness," is pronounced as /nɪs/, with a long "i" sound and a soft "s." Together, the phonetic transcription of "indebtedness" helps us understand the correct spelling of this word.

INDEBTEDNESS Meaning and Definition

1. Indebtedness refers to the state or condition of being in debt owed to another party or entity. It encompasses the total amount of money, resources, or favors that an individual, organization, or government owes to a creditor. It is the result of borrowing funds or obtaining goods and services on credit.

   In personal finance, indebtedness commonly emerges through interactions with financial institutions such as banks or credit card companies. Individuals may accumulate indebtedness by taking out loans, credit card debt, or mortgages to finance various expenses, including education, housing, or unforeseen circumstances. The level of indebtedness can be measured by the total outstanding debt owed, including both principal and interest. Unpaid debts can result in adverse consequences, such as financial penalties, legal actions, or damage to credit ratings.

   Indebtedness can also arise at the organizational level, with businesses obtaining loans or credit to finance operations, expansions, or investments. National governments may accumulate indebtedness in the form of public debt to finance public expenditures, social programs, or infrastructure projects.

   Understanding the level of indebtedness is crucial, as it helps evaluate an entity's financial health, stability, and creditworthiness. High levels of indebtedness may indicate financial vulnerability, as excessive borrowing can strain cash flow, limit investment opportunities, and hinder economic growth. Efficient management of indebtedness entails responsible borrowing practices, timely repayments, and monitoring debt-to-income ratios or debt-to-equity ratios to ensure financial viability and sustainability.

2. State of being indebted.

   Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.

Top Common Misspellings for INDEBTEDNESS *

• indebetedness 100%

* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.

Other Common Misspellings for INDEBTEDNESS

• indetedness
• indebtiness
• indebtednes
• indebtness
• undebtedness
• jndebtedness
• kndebtedness
• ondebtedness
• 9ndebtedness
• 8ndebtedness
• ibdebtedness
• imdebtedness
• ijdebtedness
• ihdebtedness
• insebtedness
• indebteness
• intrestedness
• Inductedness
• Endebtedness
• indebtedenes
• Kindertedness

Etymology of INDEBTEDNESS

The word "indebtedness" is derived from the Middle English word "endeuttednesse", which was formed by combining the prefix "en-" (meaning "in" or "into") and the noun "dettednesse" (meaning "owed money" or "obligation to pay"). "Dettednesse" itself comes from the Old English word "dette" (meaning "debt") combined with the suffix "-nesse" (denoting a state or condition). The Latin word "debitum" (meaning "debt") is also believed to have influenced the development of the term. Ultimately, the word "indebtedness" refers to the state or condition of being in debt or owing money.

Plural form of INDEBTEDNESS is INDEBTEDNESSES