debt trap

English

Etymology

From debt + trap

Noun

debt trap (plural debt traps)

(abstract) A situation in which a borrower's debt obligations exceed their repayment capabilities, compelling to them to incur new debt to repay existing ones.

Translations

a situation in which a borrower's debt obligations exceed their repayment capabilities

German: Schuldenfalle f
Vietnamese: bẫy nợ

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