triangular debt; chain debt
Tone colorsmāmámǎmàma
Meanings
1 sense · 4 examplesnoun
triangular debt; interlocking debt among three parties where one party acts as both debtor and creditor
A technical term in economics and finance describing a complex debt situation where three parties owe money to each other in a circular pattern, often causing liquidity problems.
Zhè这
jiā家
gōng公
sī司
xiàn陷
rù入
le了
sān三
jiǎo角
zhài债
de的
kùn困
jìng境
，
zī资
jīn金
liàn链
yǐ已
jīng经
duàn断
liè裂
。
This company is trapped in a triangular debt dilemma, and its capital chain has already broken.
Sān三
jiǎo角
zhài债
wèn问
tí题
yán严
zhòng重
yǐng影
xiǎng响
le了
zhōng中
xiǎo小
qǐ企
yè业
de的
jiàn健
kāng康
fā发
zhǎn展
。
The triangular debt problem has seriously affected the healthy development of small and medium-sized enterprises.
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Zhèng政
fǔ府
zhèng正
zài在
cǎi采
qǔ取
cuò措
shī施
qīng清
lǐ理
qǐ企
yè业
zhī之
jiān间
de的
sān三
jiǎo角
zhài债
。
The government is taking measures to clear up the triangular debts among enterprises.
Yóu由
yú于
sān三
jiǎo角
zhài债
guān关
xi系
fù复
zá杂
，
hěn很
duō多
qiàn欠
kuǎn款
nán难
yǐ以
zhuī追
huí回
。
Due to the complex triangular debt relationships, much of the outstanding money is difficult to recover.