Debt
Meanings and phrases
debt
- the state of owing something (especially money)
- money or goods or services owed by one person to another
- an obligation to pay or do something
n.
- the maximum borrowing power of a governmental entity; debt limit
- He suggested using discussions about raising the federal debt ceiling as "leverage" to reduce federal spending.
- Ryan voted against the Senate compromise continuing resolution that ended the shutdown, which included raising the debt ceiling and funding for the Patient Protection and Affordable Care Act.
- And in 2011, GUSA President Mike Meaney organized a group letter from more than 100 student body presidents to President Barack Obama and Speaker of the House John Boehner urging a bipartisan compromise on the national debt ceiling.
n.
- the debt of the national government (as distinguished from the debts of individuals and businesses and political subdivisions)
- In June 2013, the national debt stood at 59.5% of the nation's GDP.
- The national debt fell into three categories after the American Revolution.
- Over the years of the recorded surplus, the gross national debt rose each year.
n.
- a limit set by Congress beyond which the national debt cannot rise; periodically raised by Congress
n.
- a cumulative deficit of oxygen resulting from intense exercise; the deficit must be made up when the body returns to rest
n.
- the total of the nation's debts: debts of local and state and national governments; an indicator of how much public spending is financed by borrowing instead of taxation
- By 2019, public debt had fallen further to under 60% of GDP.
- The share of public debt in gross domestic product is 34.92 percent.
E.g.
- He takes a hard line with regard to the Greek debt crisis.
- The 1980s oil glut led to an external debt crisis and a long-running economic crisis.
- This reflected the exposure of Cyprus to the Great Recession and European debt crisis.
E.g.
- He called government debt "a kind of paper credit."
- He opposed junkets, government debt, and high spending.
- Net government debt is very close to zero, amounting to 1.3% of GDP in 2017.
E.g.
- By 1971, CUE was $80 million in debt.
- By 1992 he was £100 million in debt.
- The City of Cleveland went into default in 1978 and was $30 million in debt.
E.g.
- He is also sometimes held responsible for Bulgaria's foreign debt.
- The current account and fiscal deficits widened, and foreign debt grew.
- However, as a result of economic self-sufficiency, Albania had a minimal foreign debt.
E.g.
- Purcell later donated the copyright ownership back to Hubbard as charitable debt relief.
- In 2005, she was charged with the coordination of Nigeria’s debt relief funds toward the achievement of the MDGs.
- It is one of a series of projects and reforms required by the International Monetary Fund as prerequisites for foreign debt relief.
E.g.
- Since then, the club have had no external debt.
- India classifies its long-term external debt into seven heads.
- It has $2.8 billion in external debt.
E.g.
- Goldman is being criticized for its involvement in the 2010 European sovereign debt crisis.
- Cleary Gottlieb has been engaged in several cases involving the restructuring of sovereign debt.
- In March 2019, sovereign debt comprised $5488 million, $86.5 million (about 2%) less than a year ago.
E.g.
- He settled a large debt owed to Mexico, and reduced expenses to the level that the islands could become self-sufficient.
- The accumulated debt owed on both the Princess Royal and Queen Elizabeth hospitals was written off by the Department for Health.
- Instead, Pearly, who refers to himself as a Knight among Lucifer's angels, calls in a debt owed to him by another of Lucifer's angels.
E.g.
- Before long, they were heavily in debt to Pratt.
- Before long, they were heavily in debt to him.
E.g.
- A risk and administration fee amounts to 0.5 per cent of the outstanding debt.
- The average repayment time of all worldwide outstanding debt is perhaps 10 years.
- By May 2018, Barbados' outstanding debt climbed to , more than 1.7 times higher the country's GDP.
E.g.
- He soon found himself deeply in debt.
- She then discovered that her father, a taxi driver, is deeply in debt.
- He was deeply in debt, had a gambling addiction, and was temperamental.
E.g.
- Organisations affected included Columbia University, and third parties included debt collection companies.
- On April 28, 2011, Citibank announced that it was hiring 1,400 debt collection staff who were previously outsourced.
- However, the Arbitration Court of Tomsk Oblast, having considered the claim, ruled to refuse Yukos Capital in debt collection.
E.g.
- Campeau Corporation was unable to meet its debt obligations.
- Personal finance may also involve paying for a loan, or debt obligations.
- In March 2011 the company was liquidated as it was unable to service its debt obligations.
E.g.
- Equatorial Guinea's debt service ratio fell from 20% of GDP in 1994 to only 1% in 2000.
- The problem is that creditors need approval because part of that money goes to public debt service.
- Such capital flight from the developing world is estimated at ten times the size of aid it receives and twice the debt service it pays.
E.g.
- On March 21, 2017, after three years of debt restructuring, KPS Capital Partners LP became its majority shareholder.
- Following debt restructuring, the owners included Apollo Management, Oaktree Capital Management and Alchemy Partners.
- The firm´s web page finally went blank by mid-2010 shortly before filing for bankruptcy after several unsuccessful debt restructuring offers to its creditors .
E.g.
- In November 2018 Credit Suisse increased their interest in Judo with a $350 million debt facility.
- In August 2017, MPOWER Financing announced a $100 million debt round in order to offer more student loans.
- In November 2013, Fitch Ratings downgraded Interpipe because of the dumping accusations and a missed $106 million debt payment.
E.g.
- In total, Ecuador was left $64 billion in debt and was losing $10 billion annually.
- By the end of 2000 Azurix had an operating profit of less than $100 million and was $2 billion in debt.
- The plan allowed the city to eliminate $7 billion in debt and invest $1.7 billion into improved city services.