certificate of indebtedness
- noun
- /sərˈtɪfɪkɪt əv ɪnˈdɛtnəs/
- Specialized
:
certificado de deuda
- After signing the contract, he was given a certificate of indebtedness stating the amount owed.
Examples
-
Hamilton insisted that the new government fund all outstanding certificates of indebtedness of the Continental Congress—that is, to issue new six percent bonds of the government. Also, he proposed to take over the debts of the states—about twenty million—and fund them on the same basis.
Academic text (1993) -
The bank issued a certificate of indebtedness to confirm the loan taken out by the business.
-
To finalize the agreement, she received a certificate of indebtedness that outlined her repayment plan.
Synonyms
564
4.4
A certificate promising to repay borrowed money with interest
10
9.4
A legal contract that sets rules for a bond or for hired work
6
7.0
A written promise to pay money to a named person or holder, payable on demand and sometimes later
2
9.8
A document saying a company will pay back money with interest, usually not secured by property
1
6.1
A document or digital record, like a bond, that shows someone owes money and when they must pay it back
An official paper that shows a loan to a government or company, with amount, interest, and payback date
Antonyms
How Binding
- Specialized
564
4.4
- Specialized
- Specialized
6
7.0
6
7.0
Surface Forms
Morphology
certificate + of + indebtedness
The meaning is directly compositional: 'certificate' (a formal document) combined with 'of indebtedness' (the state or fact of owing money) yields a document acknowledging a debt. This regular noun + of + noun structure is cross-linguistically common and follows standard English composition, so a B1 learner who knows the constituents should understand it.
Etymology
The noun certificate of indebtedness comes from the simple idea of a paper that says someone 'owes' money: the certificate is the paper and indebtedness is the state of owing. That's why it means a written promise 'to repay' a debt.