Toxic debt/Definition: Difference between revisions
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imported>Nick Gardner (New page: <noinclude>{{Subpages}}</noinclude> Financial assets whose value has fallen to a point at which they are no longer traded on established markets, and which cannot be sold elsewhere at ...) |
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Financial assets | [[Debt]] whose repayment with due [[interest]] is deemed unlikely. Financial [[asset (finance)|assets]] secured upon toxic debt cannot normally be traded on established markets. | ||
Latest revision as of 06:42, 9 July 2012
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Toxic debt [r]: Debt whose repayment with due interest is deemed unlikely. Financial assets secured upon toxic debt cannot normally be traded on established markets.