Overleveraged

adj

Definitions

Adjective
  1. 1
    Subject to excessive leverage (debt).

    "If there is one axiom of today's Pigovian pessimism it is the idea that after decades of decadent reliance on debt to goose up consumption, US consumers are structurally over leveraged. And that it may take a decade or more of pain to unwind the damage, during which time US consumption and GDP growth will be pitifully slow."

Etymology

From over- + leveraged.

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