Debt overhang is the condition of an organization (for example, a business, government, or family) that has existing debt so great that it cannot easily borrow more money, even when that new borrowing is actually a good investment that would more than pay for itself. This problem emerges, for example, if a company has a new investment project with...
Found on
http://en.wikipedia.org/wiki/Debt_overhang
A situation in which the external debt of a country is larger than it will be able to repay. Often due to having borrowed in foreign currency and then had its own currency depreciate.
Found on
http://www-personal.umich.edu/~alandear/glossary/d.html
No exact match found.
