qiàn​zhài

be in debt

欠债 (欠債) qiàn​zhài
be in debt verb
to owe money to someone; to be under a financial obligation

He is heavily in debt due to business failure.

debt noun
the specific sum of money or amount that is owed

He works two jobs to pay off his debts.

Frequency

Movie subtitles
2.09 per million appears in 1% of films
Written text
1.63 per million

Sources

Definitions
CC-CEDICT