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单词 debt deflation
释义
debt deflation
noun [ U ]
ukus(also collateral deflation)
ECONOMICS, FINANCE
the situation in which collateral (= property that will be sold or collected to make certain a debt is paid) becomes less valuable:
The effects of a bust will be rising unemployment, followed by bad debts, then debt deflation, and then finally falling asset prices.
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更新时间:2025/2/2 13:38:45