| 词汇 | distress-borrowing |
| 释义 | distress borrowing noun[ U ] ukus FINANCE the act of borrowing money because you do not have enough to pay back a debt or to operate your business: Reasons for distress borrowing may include borrowing due to an emergency, or to repay another loan. Examples of distress borrowingdistress borrowing Firms of all sizes are burdened by debt, including so-called distressborrowing, which now runs at over £20 billion—some say as much as £25 billion. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 That is the reason for the distressborrowing that is taking place. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 More and more industrial companies now report increased borrowings, not borrowing for productive investment but distressborrowing. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 Now it is engaging in what is called distressborrowing to meet repayments on previous loans. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 Indeed, the fact that the small farmers were resorting to distress borrowings at high rates of interest is too well-known. 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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