unavailability of credit

USAGE SUMMARY

The phrase "unavailability of credit" is correct and usable in written English.
It can be used in contexts discussing financial situations, such as when referring to the lack of access to loans or credit facilities. Example: "The unavailability of credit has significantly impacted small businesses trying to expand their operations."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

2 human-written examples

The unavailability of credit caused a decline in world trade volumes of a magnitude not seen since the Great Depression, and nearly every economy went into recession.

The New York Times

Unavailability of credit and support price measures for dealers and farmers plays a major role in limited use of fertilizer.

Journal of Economic Structures

Human-verified similar examples from authoritative sources

Similar Expressions

58 human-written examples

A lack of cash during the cotton season originates from either the unavailability of agricultural credit (Djanibekov et al. [2012]; Rudenko et al. [2012]) or the difficulty in securing it (Djalalov [2006]).

Agricultural and Food Economics

Alternatively, the mean value of credit unavailability position of the market is ( Eleft({V}_tleft|{M}_t,{w}_t=0right.right)={hat{beta}}_0+{hat{beta}}_1left({M}_tright) ) (Barik and Supriya, 2007).

Financial Innovation

Throw in the high cost, or total unavailability, of capital, owing to the credit freeze, and you have a New York that may be frozen in time.

The New Yorker

Lack of credit.

Journal of Global Entrepreneurship Research

Letter of credit.

FAO

Length of credit history.

WikiHow

Geithner seems to care less about the unavailability of loans to small business and individuals who are seeking credit to start a business and more concerned about Wall Street banks which he did not oversee during the years he spent as the Chairman of the New York Fed.

Huffington Post

The unavailability of Casey did not help either.

The Guardian - Sport

Teacher training courses had to be reorganised because of the unavailability of teachers during school holidays.

The Guardian

Expert writing Tips

Best practice

When discussing economic impacts, clarify the specific sector or group affected by the "unavailability of credit", such as small businesses or agricultural enterprises.

Common error

Avoid using "unavailability of credit" when you actually mean that credit is too expensive. Unavailability means credit simply isn't accessible, while unaffordability implies it exists but is too costly.

Linguistic Context

The phrase "unavailability of credit" functions as a noun phrase, typically acting as the subject or object of a sentence. It describes a state or condition related to financial markets, highlighting a lack of access to borrowing opportunities, as supported by Ludwig examples.

Expression frequency: Uncommon

Frequent in

News & Media

33%

Science

33%

Formal & Business

33%

Less common in

Wiki

0%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "unavailability of credit" is a grammatically sound and professionally applicable term, as verified by Ludwig. While not exceptionally frequent, its usage is clear and direct when discussing financial constraints in news, science, and formal business contexts. As Ludwig examples demonstrate, it effectively describes situations where borrowing opportunities are limited. When using the term, ensure you're referring to a true lack of access, not just high costs, and specify the affected sectors for clarity.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

lack of credit access

Focuses on the absence of opportunity to obtain credit.

credit scarcity

Highlights the rarity or limited supply of credit.

restricted lending

Emphasizes the limitations placed on the process of lending.

tight credit conditions

Describes the restrictive nature of the credit market.

credit crunch

Refers to a sudden and severe contraction in the availability of credit.

limited credit supply

Indicates that the amount of credit available is not sufficient.

credit deficit

Suggests that the amount of credit available falls short of the amount needed.

absence of financing

Highlights the lack of monetary resources being provided for specific activities.

liquidity shortage

Emphasizes a lack of readily available funds in the market.

capital constraints

Highlights the restrictions on available capital.

FAQs

What does "unavailability of credit" mean in economics?

In economics, "unavailability of credit" refers to a situation where businesses or individuals are unable to access loans, lines of credit, or other forms of financing, hindering economic activity.

What are some consequences of the "unavailability of credit"?

The "unavailability of credit" can lead to reduced investment, slower economic growth, business failures, and decreased consumer spending.

What can I say instead of "unavailability of credit"?

You can use alternatives like "lack of credit", "credit scarcity", or "restricted lending" depending on the specific context.

How does the "unavailability of credit" affect small businesses?

Small businesses are particularly vulnerable to the "unavailability of credit" as they often rely on loans to finance operations, investments, and growth. Without access to credit, they may struggle to survive.