debt trap

English edit

Etymology edit

From debt + trap

Noun edit

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 edit

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

German: Schuldenfalle f
Vietnamese: bẫy nợ

Retrieved from "https://en.wiktionary.org/w/index.php?title=debt_trap&oldid=77962654"