noun
definition
State of owing money; being in debt.
definition
The state of owing something or being under obligation to someone.
definition
The amount owed.
definition
All debts totalled.
Examples of indebtedness in a Sentence
Table B shows the total indebtedness of the Ottoman Empire, exclusive of tribute loans.
In addition to the indebtedness of the national government, the individual states have also incurred funded debts of their own.
The problems particularly of the primitive history were first brought into clear light by him, and all subsequent work upon the subject must acknowledge its indebtedness to him.
In each city incorporated after its adoption, the Constitution requires the election in each of a mayor, a treasurer and a sergeant, each fora term of four years, and the election or appointment of a commissioner of the revenue for an equal term; that in cities having a population of 10,000 or more the council shall be composed of two branches; that the mayor shall have a veto on all acts of the council and on items of appropriation, ordinances or resolutions, which can be overridden only by an affirmative vote of two-thirds of the members elected to each branch; and that no city shall incur a bonded indebtedness exceeding 18% of the assessed value of its real estate.
In 1907 the total bonded debt of the state was $393500; the General Assembly in 1906 authorized the issue of $900,000 worth of bonds to fund outstanding military certificates of indebtedness incurred in suppressing insurrections at Cripple Creek and elsewhere in 1903-1904.
To national debts there has been added a great mass of municipal and local indebtedness, which seems likely to equal, or even exceed in magnitude the liabilities of the central governments.
At the same time the internal debt was 107,000,000 pesos (0,025,000), which increases the funded indebtedness to £29,725,000.
Year by year Republican- the budget showed a deficit, and the indebtedness ism and of the state increased.
The Relic conveys the impressions of a journey in Palestine and in parts suggests his indebtedness to Flaubert, but its mysticism is entirely new and individual; while the versatility of his talent further appears in The Correspondence of Fradique Mendes, where acute observation is combined with brilliant satire or rich humour.
Toward corporations the policy of New Jersey has always been liberal; there is no limit fixed either to capitalization or to bonded indebtedness; the tax rate, as already indicated, is lower for large than for small corporations; and so many large combinations of capital have been incorporated under the laws of the state that it is sometimes called " ` the home of the trusts."
At the close of the fiscal year 1907 the state was free from bonded indebtedness, 5 and had a balance on hand of $1,320,038 (much less than in 1906, because of the non-payment of railway taxes, pending litigation).
But the state was authorized by an amendment adopted in 1868 to issue bonds for the reimbursement of the expenses incurred by its cities, towns, and plantations on account of the Civil War, and these bonds, with those issued by the state itself during the Civil War, constituted the largest part of the state's bonded indebtedness.
The tax rate for separate indebtedness varied from 6 mills in Allegheny to 16.2 mills in the 43rd ward.
Every citizen of the United States, male or female, twenty-one years old or over, who has lived one year within the state, four months within the county and sixty days within the precinct has the right of suffrage, except that idiots, insane, and those convicted of treason or crime against the elective franchise are disfranchised; but in elections levying a special tax, creating indebtedness or increasing the rate of state taxation, only those who have paid a property tax during the preceding year may vote.
The state assumed the Territorial debt of $700,000, and has added to it a bonded indebtedness of $200,000; the bonds, formerly 5%, have been refunded at 31 and 3%.
A small debt 2 (at the close of 1906, $4,398,839) is carried in the form of non-negotiable state certificates of indebtedness issued in exchange for money taken from the educational funds of the state, and is intended as a permanent obligation to those funds.
In financial matters Colombia is known abroad chiefly through repeated defaults in meeting her bonded indebtedness, and through the extraordinary depreciation of her paper currency.
His administration was marked by a strong effort to place the financial position of the government on a more satisfactory footing, and the internal indebtedness was substantially reduced during his rule.
At the end of 1905 the total indebtedness of the municipalities was £5,775,420, and the value of assessed property within the municipal bounds £ 53,948,224.
At the close of the year 1907 the state was free from bonded indebtedness; receipts into the treasury during the year were $2,851,471, and the expenditure was $2,697,645.
In 1909 the assessed valuation, real and personal, was $52,180,789; the tax levy was $677,411; and the city debt was $4,399,4 00 (exclusive of $1,528,000, the bonded indebtedness of the city schools).
In the same year a law was passed requiring that any corporation acting as a common carrier in the state must receive the permission of the state board of railway commissioners for the issue of stocks, bonds or other evidences of indebtedness.
To prevent such extravagant expenditures for internal improvements as had brought disaster to Michigan and other states, the framers of the constitution of Wisconsin inserted a clause limiting its aggregate indebtedness to $100,000 for all purposes other than to repel an invasion, to suppress an insurrection or for defence in time of war, and the state is free from debt with the exception of that contracted on account of the Civil War.
A constitutional amendment, adopted in 1874, limits the indebtedness of each county, city, town, village and school district to 5% of the value of its taxable property.
It is not altogether scientific, since the Lydians (Lud) and Elamites are included among Shem's "sons," apparently on account of their geographical position or because of their indebtedness to Assyrian culture.
His indebtedness to Luther is of course great, but his spiritual kinship with Martin Bucer of 1 This edition forms a small 8vo of 514 pages, and 6 pages of index.
Emergency assessments, not to exceed 2%, may be made whenever necessary to pay in full the depositors in an insolvent bank; if the guaranty fund is impaired to such a degree that it is not made up by the 2% emergency assessment, the state banking board issues certificates of indebtedness which draw 6% interest and which are paid out of the assessment.
The aggregate amount of indebtedness which the state may have at any time is limited by the constitution to $400,000, save when borrowing is necessary to repel an invasion, suppress an insurrection or defend the state in war.
George Bancroft was the first to point out that there is small evidence that Hamilton ever really appreciated Washington's great qualities; but on the score of personal and Federalist indebtedness he left explicit recognition.
The outstanding loans of municipalities amount to £697.133, of which the greater portion is represented by the indebtedness of the two chief cities, Hobart and Launceston.
The net proceeds of the sale will be used to repay indebtedness.
Mention of Sir Walter leads me to acknowledge the indebtedness of the Church to Scott.
They have played a leading role in creating the insoluble indebtedness of the Third World.
Michael Tippett, Benjamin Britten and Peter Maxwell Davies are among those who have expressed indebtedness to Purcell's musical genius.
The net proceeds from the sale will be used to reduce the indebtedness of the Company.
Fifteen years ago, its net foreign indebtedness was zero.
The total indebtedness of the union in respect of the various facility agreements we have with Unity Trust Bank is now £ 3.7 million.
In the context of rising concerns about personal indebtedness, our reviews have suggested ways in which the Code could be strengthened.
This is because such indebtedness does not normally constitute a security.
This causes further indebtedness which is particularly unsustainable for the poorest countries.
Notwithstanding the recent rise in bank borrowing by SMEs, the net bank indebtedness of the SME sector has continued to fall.
Working Paper No 277 When is mortgage indebtedness a financial burden to British households?
The proceeds of the issue will be used for refinancing existing short term indebtedness.
By 1992 world indebtedness exceeded even the total gross domestic product of the richest (OECD) countries.
We may define these courses by the terms esoteric and exoteric - the former the philosophy of the school, cultivated principally at the universities, trying to systematize everything and reduce all our knowledge to an intelligible principle, losing in this attempt the deeper meaning of Leibnitz's philosophy; the latter the unsystematized philosophy of general culture which we find in the work of the great writers of the classical period, Lessing, Winkelmann, Goethe, Schiller and Herder, all of whom expressed in some degree their indebtedness to Leibnitz.
His ideas and experiments on the nature of minerals and other substances are voluminously set forth in his Physica Subterranea (Frankfort, 1669); an edition of this, published at Leipzig in 1703, contains two supplements (Experimentum chymicum novum and Demonstratio Philosophica), proving the truth and possibility of transmuting metals, Experimentum novum ac curiosum de minera arenaria perpetua, the paper on timepieces already mentioned and also Specimen Becherianum, a summary of his doctrines by Stahl, who in the preface acknowledges indebtedness to him in the words Becheriana sunt quae profero.
Even if it could be shown that the Pentateuchal regulations were universally observed in Israel from Mosaic times, it would not preclude a certain indebtedness to Babylonia for at least the germ of the institution.
About 1850 there began to appear on the statute books laws requiring publicity of rates and the submission of annual reports to the legislature, prescribing limits to corporate indebtedness, and also making provision for safety in operation and for the character and quality of railway service.
At the close of the Republican regime in 1876 its total indebtedness was $2,631,704.24, of which $814,743 belonged to the Chickasaw fund (see above) and $718,946.22 to the general school fund.
Its principle was exactly house, that of the clearing houses used by the railways and the oat to n nk an d banks, the cancellation of indebtedness and discharge periodic s i mply of balances.