Sentence examples for undermine credit from inspiring English sources

It is likewise not surprising that the banks would try to undermine credit unions by calling for the removal of the federal tax exemption, claiming unfair competitive advantage.

Does this case undermine the credit China should receive for overall legal reforms?

It's easy to see how big budget deficits could undermine the credit of some governments for years after economic recovery sets in.

But such a fund would be backed by the credit of the euro area's remaining AAA governments, basically Germany and France — yet at this point the euro situation has deteriorated sufficiently that taking on another commitment would undermine French credit.

This proposal would significantly undermine universal credit's goal of boosting work incentives and create a strong disincentive for families to work or earn more and move off tax credits.

So the prospect of a default on CoCo bonds adds to the current uncertainty over the banking sector, and as well as making further issuance of such bonds a problem, could also undermine other credit markets.

According to Greco, it's because, in general, "salient chance undermines credit," and in the lottery case the salience of chance is high (Greco 2003, 123 127).

There have been suggestions that the government is looking to raid the universal credit budget further to fund a reversal of tax credits, to the possible effect of undermining universal credit's purpose to make work pay.

In that situation, the debt — which the government already predicts will stabilize at around 90 percent of G.D.P. — could balloon, undermining the credit rating.

But by the time it had played itself out, much of the developing world had been devastated, as currencies were undermined and credit dried up.

Much of the lending is also believed to be directed to businesses that pay the highest bribes, undermining standard credit controls.