distress borrowing
noun[U]
ukusFINANCE
theactofborrowingmoneybecause you do not have enough topayback adebtor tooperateyourbusiness:
Reasons fordistressborrowingmayincludeborrowingdueto anemergency, or torepayanotherloan.
| 单词 | distress borrowing |
| 释义 | distress borrowing noun[U] ukusFINANCE theactofborrowingmoneybecause you do not have enough topayback adebtor tooperateyourbusiness: Reasons fordistressborrowingmayincludeborrowingdueto anemergency, or torepayanotherloan. Examplesofdistress borrowingdistress borrowing Firms of all sizes are burdened by debt, including so-calleddistressborrowing, 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 theOpen Parliament Licence v3.0 That is the reason for thedistressborrowingthat is taking place. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 More and more industrial companies now report increased borrowings, not borrowing for productive investment butdistressborrowing. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 Now it is engaging in what is calleddistressborrowingto meet repayments on previous loans. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen 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. From theCambridge English Corpus 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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