Etymology
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indebted (adj.)

late 14c., endetted "owing money, liable for borrowed money," past participle of endetten "to indebt, oblige," from Old French endeter "to involve in debt, run into debt," from en- "in" (from PIE root *en "in") + dete "debt" (see debt). Figurative sense of "under obligation for favors or services" first attested 1560s. Spelling re-Latinized in English from 16c. The verb indebt is now rare or obsolete. Related: Indebtedness. Latin indebitus meant "not owed, not due."

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Definitions of indebted

indebted (adj.)
owing gratitude or recognition to another for help or favors etc;
indebted (adj.)
under a legal obligation to someone;
From wordnet.princeton.edu