To cause to be in debt; to put into debt or to obligate financially.
From Middle English 'be-' (prefix making something happen) + 'debt' (money owed). This causative verb was used but is now archaic.
The word 'bedebt' is a perfect example of how English kings and nobles created verbs from nouns—you could 'bedebt' someone through war reparations or extortive taxation, making the financial state permanent.
Complete word intelligence in one call. Free tier — 50 lookups/day.