Usage Note
Endeudamiento refers to the state or process of accumulating debt, typically at an institutional level: endeudamiento público ('public debt'), endeudamiento externo ('external debt'). It is more abstract than deuda (a specific debt); it describes the condition of being in debt. Common in economic reporting.
Examples
"El endeudamiento del país creció este año."
Natural Translation
The country's indebtedness grew this year.

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