Advanced Vocabulary - In Debt

In Debt

back adjective

used for describing money that is owed from an earlier date and has not been paid yet.

bailiff noun

British an official whose job is to take away the possessions of someone who has not paid money they owe.

debtor noun

a person, organization, or country that owes money.

debt-ridden adjective

in serious financial trouble as a result of owing very large amounts of money.

delinquent adjective

someone who is delinquent in paying their taxes or bills fails to pay the money that they owe.

indebted adjective

owing money.

insolvent adjective

formal a company or person that is insolvent does not have enough money to pay what they owe.

liable adjective

if someone is liable for something, they must pay it or must do it.

overdrawn adjective

if you are overdrawn, or if your bank account is overdrawn, you owe your bank money that you have spent when there was no money in your account.

indebtedness noun .

deep in debt

owing a lot of money.

in arrears

late in making a regular payment.

in hock to someone

informal owing money to a person or organization, or forced to do things for them because they have lent you money or have helped you.

in the hole

American informal in the situation of owing money.

in the red

with more money being spent than there is available.

into out of the red

informal into out of a situation in which you are not making enough money.

total words = 16