Sentence examples for toxic debt from inspiring English sources
noun
Debt acquired through normal financial transactions which later proves to have little or no actual value
Banks are beginning to sell off this toxic debt.
Nobody, not even the banks themselves, knew who owned the toxic debt.
"Because we experienced toxic debt 18 months before the rest of the world".
The ones in Greece were crippled by their government's toxic debt.
Gordon Brown, for instance, was as much in denial about financial realities as any toxic debt trader.
Bank cover-ups, toxic debt and negligent regulation were as redolent a feature of the mid-Victorian epoch as now.
"If they're on benefits it's basically a toxic debt and you have no chance of getting your arrears back.
Banks are trying to preserve their own capital and do not need to own any more toxic debt.
How much toxic debt is still out there, concealed by the financial sector, which is carrying on as if the crisis never happened?
Fear also spread as it became clear that much of that toxic debt had been packaged up and sold around the global banking system.
In a series of phone calls senior bankers at the toxic, debt-ridden bank laugh about German largesse on the night the Irish government rescued Anglo Irish Bank from collapse with large injections of cash from European partners including Germany.
