| 单词 | debt overhang |
| 释义 | debt overhang debt overhang noun [C, usually sing., U]
(Economics ) a situation in which the debts that a government, an organization or a person has are larger than they can pay back in the agreed time: an initiative to remove the debt overhang of poor countries Faced with a large debt overhang, many people choose to pay off debt rather than spend. The debt overhang is equal to 50% of the country's GDP. |
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