词汇 | debt-overhang |
释义 | debt overhang noun[ C or U ] ukus ECONOMICS, FINANCE a situation in which a country, company, or organization owes more money than it can pay back so that it cannot afford to make new investments: Debt overhang in the US leaves it more vulnerable to the next downturn in the economy. This study examines the impact of debt overhangs on agricultural trade. Examples of debt overhangdebt overhang A firm facing debtoverhang can not issue new junior debt because default is likely. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. This debtoverhang then began holding back the economy as consumers paid down debt (which reduces economic activity) rather than spend. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Academic research suggests that if the government bought common stock or toxic assets in troubled banks that the debtoverhang problem would be better corrected. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Potentially insolvent banks have made too few good loans creating a debtoverhang problem. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Debtoverhang also prevents firms that are insolvent, with assets worth less than their liabilities from recovering from their troubles. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The effect of this debtoverhang is to slow consumption and therefore economic growth and is referred to as a balance sheet recession or debt-deflation. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Moreover, more debt will make the problems of debtoverhang worse not better. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. In the eventual shakeout (due yet again, in the last instance, to latent underemployment), the debt overhang is preserved by substituting public debt for private debt (bailouts), andkeeps growing. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. This is the debtoverhang problem. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Debtoverhang makes it all the more difficult for governments to engineer the trade-offs required to construct such foundations. 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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