Meaning of toxic debt | Babel Free
Definitions
Debt that is acquired through normal financial transactions which later proves to have little or no actual value.
countable, uncountable
Examples
“This means the providers of the funds are basically swapping good, solid cash for potentially toxic debt.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.