A firm with heavy indebtedness, however, has implicitly committed itself to paying relatively low dividends; earnings must be retained to service the debt.
A balance of payments crisis last autumn, heavy indebtedness and a disastrous budget made Hungary the first European candidate for an international rescue.
In conditions of heavy indebtedness, as a potential solution to the euro's ills, internal devaluation is a snare and a delusion.
The most significant line in Manchester United's extremely lengthy filing with the US Securities and Exchange Commission is the club's admission that heavy indebtedness poses a risk to future financial success.
Its shares fell by 50% in a single day after it conceded that profits for its latest year would have been considerably lower had it included two off-balance-sheet entities not included in its American accounts.Invensys, a British electronics firm, blamed a slipping share price on the Enron effect and denied that its heavy indebtedness would force a rights issue.
Some in the industry see the loan as an indication that because of their heavy indebtedness, they are no longer able to borrow substantially from traditional commercial lending institutions.
Two major credit-rating agencies recently said they were reviewing Pittsburgh and might lower its rating because of its heavy indebtedness.
Canada's largest newspaper chain, Postmedia Network, is cutting 90 staff and merging newsrooms to cope with declining revenue and heavy indebtedness.
Greece's heavy indebtedness has raised fears that the country could leave or be expelled from the euro zone, a possibility that many economists regard as a threat to the euro's survival.
"No modern town of the western world can deny its heavy indebtedness to ancient classical building culture". An archeologist by training, Ernest Nash (1898-1974) began taking pictures of Roman buildings and monuments the moment he arrived in Rome in 1936.
But Mrs. Merkel's united-we-stand speech seemed to do little to offset anxiety incited by recent disputes between European leaders over so-called euro bonds and by Moody's warning to Spain that its debt might be downgraded because of its heavy indebtedness and its spending obligations for the coming year.
