Sentence examples for pile up debt from inspiring English sources

"pile up debt" is a correct and usable phrase in written English.
It means to accumulate or increase debt to a large amount. It can be used in various contexts, such as personal finances, national economies, or corporate financial situations. Here are a few examples: 1. "After years of overspending, he began to pile up debt and had to declare bankruptcy." 2. "The country's government continued to ignore its growing deficit, causing it to pile up debt year after year." 3. "The company's CEO decided to expand too quickly, causing them to pile up debt and struggle to stay afloat." 4. "It's important to budget wisely and not pile up debt on unnecessary purchases." 5. "Despite warnings from financial advisors, many people continue to pile up debt on credit cards and loans."

Exact(13)

You can't just pile up debt for future generations".

Governments lose revenue but can borrow cheaply and duly pile up debt.

But it also creates an incentive for firms to pile up debt, which can be hard to repay in a downturn.

The central bank has kept its benchmark interest rate at 1% for two years, encouraging Canadians to pile up debt, particularly in mortgages.

Not only did Media-Most pile up debt; it also relied on agencies and companies tied to the Kremlin, like Gazprom, to back the company.

American households continue to pile up debt, largely by taking out bigger mortgages on their homes and using the cash to splurge on a car or a new TV.

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Similar(43)

Mr Miliband hopes to close the Tories' long-standing lead on economic competence by insisting his party would not pile up debts.

Interest payments as a percentage of GDP have fallen back to the levels of the early 1980s, before junk bonds and highly leveraged acquisitions became popular and made it easy for companies to pile up debts.

Now, it seems, everyone is wary of piling up debt.

Its government, struggling to rein in its budget deficit, is already piling up debt.

During the property frenzy, developers piled up debt as if there were no tomorrow.

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