on its debt

USAGE SUMMARY

The phrase "on its debt" is correct and usable in written English.
It can be used when discussing financial obligations or liabilities of an entity, such as a company or government. Example: "The company is struggling to meet its obligations on its debt, which has led to concerns among investors."

✓ Grammatically correct

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

But Greece can no longer pass on its debt to compliant domestic banks.

The New York Times

The United States will probably default on its debt one day.

Huffington Post

The developer says it is current on its debt service.

The New York Times

Bad derivatives bets had dried up its cash, and it began defaulting on its debt.

The New York Times

He expects it to default on its debt, and predicts that Portugal will do the same.

The New York Times

It could default on its debt and devalue its suddenly resurrected currency, the drachma.

The New York Times

The attraction for the government is obvious: it reduces the interest burden on its debt.

The Economist

It unilaterally decided to default on its debt.

Huffington Post

It's even possible that Greece could default on its debt without leaving the euro.

Independent

Bove said it's more than likely Greece will repudiate on its debt.

Forbes

And then it could get worse - the US could default on its debt.

BBC

Expert writing Tips

Best practice

When using the phrase "on its debt", ensure the possessive pronoun accurately reflects the entity responsible for the debt. For example, "the company is defaulting on its debt".

Common error

Avoid using the phrase "on it's debt". "It's" is a contraction of "it is" or "it has", whereas "its" is the possessive pronoun.

Linguistic Context

The phrase "on its debt" functions as a prepositional phrase, modifying a verb or noun by indicating a relationship to the debt. Ludwig AI provides many examples showing its use in discussing payment obligations, defaults, and financial management.

Expression frequency: Very common

Frequent in

News & Media

75%

Formal & Business

15%

Science

5%

Less common in

Academia

1%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, the phrase "on its debt" is a grammatically sound and frequently used prepositional phrase. As Ludwig AI confirms, this phrase typically indicates the status or management of an entity's financial liabilities, with high usage across news, business and formal contexts. When writing, use "its" (possessive) not "it's" (contraction) and make sure the correct subject of the phrase is clearly identified. Consider alternatives such as "regarding its debt" or "concerning its debt" for nuanced meaning or stylistic variation.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

regarding its debt

Uses a different preposition to convey the same relationship to the debt.

concerning its debt

Employs a different preposition to indicate the debt is the topic of consideration.

related to its debt

Replaces the preposition with a phrase indicating a connection to the debt.

in relation to its debt

Offers a more formal alternative to "regarding its debt".

pertaining to its debt

A more formal way of saying 'related to'.

with respect to its debt

Indicates a specific focus on the debt.

about its debt

A simpler, more direct way to refer to the subject of the debt.

over its debt

Implies a sense of concern or oversight regarding the debt.

vis-à-vis its debt

A formal term indicating a comparison or relationship to the debt.

in the matter of its debt

A formal and legalistic way to refer to the debt.

FAQs

How can I use "on its debt" in a sentence?

The phrase "on its debt" is typically used to describe the status or actions related to an entity's financial obligations. For example, "The company is struggling to make payments "on its debt"".

What are some alternatives to the phrase "on its debt"?

You can use alternatives like "regarding its debt", "concerning its debt", or "related to its debt" depending on the specific context.

Is it grammatically correct to say "on it's debt" instead of "on its debt"?

No, "on it's debt" is grammatically incorrect. "It's" is a contraction of "it is" or "it has", while "its" is the possessive pronoun used to show ownership or association.

What does it mean for a country to default "on its debt"?

When a country defaults "on its debt", it means that it has failed to meet its financial obligations to its creditors. This can have serious economic consequences.