Sentences with phrase «high indebtedness»
The phrase "high indebtedness" refers to a situation where a person or a company owes a significant amount of money to others. It means being heavily burdened by debt, having borrowed a large sum of money that needs to be paid back. Full definition
The so - called «debt - resource - hypothesis» suggests that high indebtedness leads to increased natural resource exploitation as well as more unsustainable patterns of resource use (Neumayer 2012).
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Historically, periods of high indebtedness have been associated with a rising incidence of default or restructuring of public and private debts.
If high indebtedness is indeed the main determinant of future economic growth and further government «stimulus» is counterproductive, then a prolonged state of debt induced coma may so limit returns on other riskier assets that a 30 - year Treasury bond with a 2 % yield would be a highly desirable asset to hold.
Mr Amuna, who made this known at the annual general meeting of the company in Accra yesterday, said the high indebtedness had resulted in liquidity challenges affecting the operations of the company.
«Stagnant household incomes are a key factor holding back our economy, weakening consumer purchasing power, and contributing to high indebtedness.»