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词汇 toxic-debt
释义 toxic debt
noun[ C or U ]
uk /ˌtɒk.sɪk ˈdet/ us /ˌtɑːk.sɪk ˈdet/
a debt or debts that have little chance of being paid back or of being paid back with interest(几乎没有可能偿还或付息的债务)毒债
SMART Vocabulary: related words and phrases

Borrowing & lending
amortizable
amortization
amortize
bond measure
bond referendum
bonded
bridging loan
credit limit
debt
get behind
hole
loan
microcredit
microloan
non-current
non-interest
non-prime
outstanding
usury
write something off

toxic debt | Business English


toxic debt
noun[ U ]
 FINANCEukus
debt that has little chance of being paid back or of being paid back with interest, or an asset of which this is true:
The trading of toxic debt was one of the major causes of the financial crisis.
Banks are currently in no position to cope with more toxic debt.

Examples of toxic debt


toxic debt
Many feel this was a crucial contributor to the toxicdebt-instrument environment that led to the financial downturn.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
He describes a potential free market solution of simply shuffling severely affected banks through organized bankruptcies to write off toxic debts.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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