| 释义 |
over-indebtedness
noun[ U ]
(alsooverindebtedness)uk /ˌəʊ.vər.ɪnˈdet.ɪd.nəs/ us /ˌoʊ.vɚ.ɪnˈdet̬.ɪd.nəs/
the problem of owing more money than you can pay back:
It is difficult for a country to exit from a situation of over-indebtedness.
People often take the wrong advice when they are under the intense strain that overindebtedness brings.
The flood of easy money has led to over-indebtedness among some consumers.
Reports have suggested over-indebtedness is a growing problem, and that society stands on the precipice of a debt disaster.
The government is to launch a national strategy for improving financial literacy as a means of combating over-indebtedness.
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
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