"debt renewal" is a correct and usable phrase in written English.
It can be used in situations where a debt is being extended or renewed, such as in financial or legal contexts. Example: The company was struggling to pay off its existing loans and was forced to negotiate a debt renewal with its creditors.
That will involve the state raising more money by June, when €1 billion of government debt comes up for renewal.
Technically, the next time government debt comes up for renewal the Treasury will be unable to repay its lenders.
And that would release more than $70 billion a year for debt reduction and economic renewal.
Because this will mean adding more debt to the balance sheets, renewal options could become less popular.
"Of course, I wasn't going to do that," she adds, "and we ended up with a program that only guaranteed the renewal of expiring debt, which is where the problem was.
The problem, of course, is that the Republican congressional leadership is committed to imposing austerity on the nation and Speaker Boehner has just threatened that Republicans will block the renewal of the debt ceiling in order to extort Democrats to agree to austerity -- severe cuts to social programs.
The message has to be: "America can be richer and shinier!" Debt reduction has to be about renewal and prosperity, not pain and sacrifice.
The central bank has also repaid some suppliers and holders of short-term government debt, opening the way for a renewal of trade credits.
This debate even could be part of a larger discussion about what the United States should be doing in the world, given its $20-trillion-dollar 20-trillion-dollar 20-trillion-dollareconationalnewal.
812, imposed general and special limitations on tax on certain acquisitions relating to stock or debt obligations acquired by surrender, extensions, renewals, and exercises, transfers which are deemed acquisitions and acquisitions by certain domestic corporations and partnerships.
