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Indebt

    0.03 sec.
In`debt´
v. t.1.To bring into debt; to place under obligation; - chiefly used in the participle indebted.
[imp. & p. p. Indebted; p. pr. & vb. n. Indebting.]
Thy fortune hath indebted thee to none.
- Daniel.

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So, rather than indebt the citizens of Los Angeles with yet another bond, let's all vote no and see if city government is capable of coming up with a solution to this dilemma without the taxpayer piggy bank.
And if the gift assumes an economic dimension, it is because the gift indebts the receiver.
6050P (TD 8506) relating to the reporting of discharges of indebt edness of $600 or more during the calendar year.
 
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