in debt


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in debt

having debts; having much debt; owing money. Mary is deeply in debt. I am in debt to the bank for my car loan.
See also: debt
References in periodicals archive ?
Graham (1996a) argues that this measure of new financing is better than the first difference in debt ratio, as when there is no change in total liabilities but there is a change in total assets, our measure of new debt financing still correctly measures the zero change (but the first difference in debt ratio does not).
The company had more than $100 million in debt and had been under pressure recently from Fleet Capital, its chief bank.