debt burden

noun

: the amount of money that one owes
the company's large debt burden

Examples of debt burden in a Sentence

Recent Examples on the Web Local governments, historically a major engine of investment in China, bore much of the cost that came with enforcing Beijing’s strict zero-covid measures and are now struggling under a massive debt burden that, by some estimates, tops $23 trillion. Meaghan Tobin, Washington Post, 15 Aug. 2023 In response, private lenders that hold billions of Zambia’s debt are considering marking down some of their loans to the country, which would further ease its debt burden. Nate Dicamillo, Quartz, 17 July 2023 The rating agency also cited America's growing debt burden at the state and federal levels. Harold Maass, The Week, 2 Aug. 2023 Fitch cited the federal government’s rising debt burden and the political difficulties that the U.S. government has had in addressing spending and tax policies as the principal reasons for reducing its rating from AAA to AA+. Christopher Rugaber, Fortune, 3 Aug. 2023 Fitch said the government's rising debt burden and the country's increasingly ugly political fights — including factors like the Jan. 6 Capitol riot and the recent brawl over raising the debt ceiling — were behind its decision to downgrade. Joel Mathis, The Week, 3 Aug. 2023 Adding to the debt burden, more than half of those student loan borrowers added a new credit card during the moratorium, while 36% took on an auto loan! Terry Savage, Chicago Tribune, 26 July 2023 As a result of its growing debt burden to Western and Chinese lenders, Pakistan’s government struggled to balance its basic functions, and its national grid has at times been forced to turn off power generation units to reduce fuel costs. Anna Gordon, Time, 7 July 2023 The rising debt tide may pose a political challenge for President Biden, who has repeatedly touted the decline in the deficit since Donald Trump left office but still faces a large debt burden that is expected to grow. Jeff Stein, Anchorage Daily News, 3 Aug. 2023 See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'debt burden.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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Cite this Entry

“Debt burden.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/debt%20burden. Accessed 21 Sep. 2023.

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