fù​zhài

be in debt

负债 (負債) fù​zhài
be in debt noun
to be in debt or to incur debts

He is heavily in debt due to his business failure.

liability noun
a financial obligation or debt in an accounting context

The balance sheet reflects the financial status of a business.

Frequency

Movie subtitles
1.13 per million appears in 1% of films
Written text
11.1 per million

Sources

Definitions
CC-CEDICT