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The state of being indebted.

To demand and obtain payment of, as an account, or other indebtedness; as, to collect taxes.

ibutes, or is liable to be called upon to contribute, as toward the discharge of a common indebtedness. Abbott.

Indebtedness. [R.] Bp. Hall.

To determine by agreement or by litigation the precise amount of (indebtedness); or, where there is an indebtedness to more than one person, to determine the precise amount of (each indebtedness); to make the amount of (an indebtedness); clear and certain. A debt or demand is liquidated whenever the amount due is agree…

n over to a trustee one's assets and accounts, in order that the several amounts of one's indebtedness be authoritatively ascertained, and that the assets may be applied toward their discharge.

in a brief and compendious form. Memorandum check, a check given as an acknowledgment of indebtedness, but with the understanding that it will not be presented at bank unless the maker fails to take it up on the day the debt becomes due. It usually has Mem. written on its face.

Negotiable evidences of indebtedness; notes; bills of exchange, and the like; as, the bank holds a large amount of his paper.

An acknowledgement of indebtedness made by a receiver under order of court to obtain funds for the preservation of the assets held by him, as for operating a railroad. Receivers' certificates are ordinarily a first lien on the assets, prior to that of bonds or other securities.

In France, interest payable by government on indebtedness; the bonds, shares, stocks, etc.,, which represent government indebtedness.

An account or reckoning; account of dues; bill; hence, indebtedness. He parted well, and paid his score. Shak.

ch was delivered to the person who had lent the king money on account, as the evidence of indebtedness. See Counterfoil. [Eng.]