indebtment in a sentence
n.
📚 Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
Indebtment refers to the state of being in debt or the condition of owing money to creditors.
Sample Sentences
- The company faced significant indebtment after taking out numerous loans to expand its operations.
- Her indebtment to the bank grew as she struggled to keep up with her credit card payments.
- Indebtment can lead to financial stress, impacting both personal and professional life.
- They worked diligently to reduce their indebtment, aiming for a debt-free future.
- The consequences of indebtment can be severe, affecting one's credit score and borrowing potential.