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overindebted

From Wiktionary, the free dictionary

English

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Etymology

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From over- +‎ indebted.

Adjective

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overindebted (comparative more overindebted, superlative most overindebted)

  1. Too deeply in debt.
    • 2009 February 18, “The Way We Save: There’s No Paradox in Thrift”, in New York Times[1]:
      The idea that overindebted, chronically undersaving American consumers would somehow be serving their country in its time of need by maxing out yet more of their credit cards is surely an idea whose time has passed.