InvestorWords.com
debt bomb
Definition
Defaults on debts or other obligations taken on by large financial institutions that affect not only the economy of the financial institution's home country, but also the global financial community as well.
Recommended Articles from InvestorGuide.com
- Can Commodities Affect Currency Rates?
- Taxation of IRA Contributions
- Water Cooler Advice vs. A Financial Planner... No contest
- The Importance of Finding a Financial Advisor That You Can Trust
- Introduction to Stock Exchanges and the NYSE
- An Overview of the Investment Options Suited for Educational Planning
Related Videos
Featured Advertiser
Get our free Term of the Day newsletter!
