Indebtedness Definition

Indebtedness Sentence Examples

• 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.