| 单词 | debt trap |
| 释义 | > as lemmasdebt trap debt trap n. a situation in which a debt is difficult or impossible to repay, typically because high interest payments prevent repayment of the principal or require the borrower to take out additional loans at high interest, thereby compounding the debt; (also) a credit arrangement or loan which causes this. ΚΠ 1857 Grant County (Wisconsin) Herald 2 May 2/2 No favors are shown in a financial storm, and the better way is for every man to trust to himself in getting out of this debt-trap of his own making. 1897 J. S. Dennis Christian Missions & Social Progress I. vi. iii. 291 The beguiling allurements and sinuosities of Indian debt-traps are briefly and instructively treated in this useful tract. 1974 C. Payer (title of book) The debt trap: the International Monetary Fund and the Third World. 1990 Ebony Oct. 42 They're almost debt-free because they usually buy with cash rather than credit cards, which can become debt traps. 2009 Daily Tel. 13 Dec. 21/5 The dire state of the public finances and the real risk of a debt trap, with rising interest costs accounting for an ever-increasing proportion of government spending. < as lemmas |
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