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Discover Ludwig"outstanding borrowing" is a correct and usable phrase in written English
It refers to the amount of money that has been borrowed but has not yet been paid back. Example: The government's outstanding borrowing has reached a record high, causing concern among economists about the country's financial stability.
Exact(5)
Outstanding borrowing on credit cards grew by £220m – just above the six-month average of £211m.
Households' total outstanding borrowing fell in the fourth quarter of 2008, for the first time since the second world war.
For two of the last three quarters, American households' total outstanding borrowing on things like credit cards, mortgages and auto loans has increased after falling for 14 consecutive quarters before then.
The trade body says that British businesses had outstanding borrowing of this type totalling around £4.2bn at the end of June – a 9 per cent increase on 12 months previously.
If there is no agreement to raise the borrowing limit by mid-October, the government will not be able to issue more bonds and could default on its outstanding borrowing.
Similar(52)
They have put together a dazzler, with outstanding works borrowed from the important museums and collections to which Matisse sold them.
Total outstanding non-mortgage borrowing grew by nearly £20bn or 9% in 2014, to reach £239bn, marking the fastest rate of growth in a decade, according to the report from PwC, Precious Plastic: How Britons Fell Back in Love With Borrowing.
After financing World War II with substantial borrowing, the outstanding debt held pretty stable for the next 25 years, going up to $283 billion in 1970 from $242 billion in 1946.
The data shows that although net mortgage lending grew by 0.6% in the year to August, the outstanding level of unsecured borrowing from the banks contracted by 3.1% over the same period.
This paper investigates whether the initiation of trading in credit default swaps (CDSs) on a borrowing firm׳s outstanding debt is associated with a decline in that firm׳s reporting conservatism.
The main focus on Wall Street is the possibility that the government will stop making payment on its outstanding bonds when the current borrowing limit is reached, which is expected to happen on Oct. 17.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com