Financial situation that goes from bad to worse. For example, a business carrying large amounts of debt may default on one of their loans, which is a bad situation. The loan default may result in the company's credit rating to decline, which means they'll pay higher interest rates on future credit if they are allowed to borrow at all.
Related information about credit cliff:
- Credit Cliff Definition | Investopedia
A slang term referring to the compounding of a company's credit deterioration caused by provisions such as financial covenants, or events that trigger a change ...
- Credit Cliff - Financial Dictionary - The Free Dictionary
Informal; a situation where a decline in credit availability can make a bad situation for a company even worse. For example, suppose a company has a large ...
- Avoiding the Credit Cliff - Paul Ryan - National Review Online
Jun 22, 2011 ... Paul Ryan writes on NRO: The shadow of an oncoming debt crisis is hindering job growth today and threatening our fiscal and economic future.
- What is credit cliff? definition and meaning
Definition of credit cliff: Financial situation that goes from bad to worse. For example, a business carrying large amounts of debt may default on one of their loans, ...
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Oct 11, 2012 ... Micro businesses have big outlook yet face “credit cliff”. Anda Piroshki in San Francisco, serving Russian-style piroshkies, borsch and Russian ...
- Global Credit Cycle Lurches Down | The Big Picture
Nov 8, 2012 ... a credit cliff -and its way way deeper to the bottom than ours. advise against overweight? thats a heluvan understatement! Global Credit Cycle ...
- Sarah Chang, photo credit Cliff Watts - Seen and Heard International
Sarah Chang, photo credit Cliff Watts. November 14, 2012. Sarah Chang Photo: Ciiff Watts · PrintFriendly and PDF. Posted by Stan | Filed Under ...
- Cliff Mass | KPLU News for Seattle and the Northwest
6 days ago ... Credit Cliff Mass. Spring arrives next week, but this week still looks like winter in Washington. The National Weather Service says a front moving ...