The term 'is indebted' can be broken down into two crossword solutions: OWES (4 letters) and WES (3 letters). This phrase is used to describe a situation in which someone has an obligation to pay back money or goods that they have borrowed. It is often used in a financial context, such as when someone has taken out a loan or owes money on a credit card. In this case, the person who is indebted is responsible for repaying the debt.