Overborrowed

Overborrowed

1. Describing a company with borrowed funds that come due after funds it has lent to others. This means the company carries liabilities with longer terms than its assets. As a result, the company may not have the cash flow to repay its borrowed funds. See also: Unfunded liability.

2. More generally, describing a person or organization that has borrowed more than is sustainable.

3. See: Overmargined.
References in periodicals archive ?
As a nation we are grossly overborrowed and all this would do is increase the congestion in the South East, not the other way round, as the Government will tell us.
Yun adds, "What's worrisome is the 10 percent of the students who overborrowed.
Enda Kenny said: "In many cases, people went to banks and lending institutions and overborrowed and were over-lent, and unfortunately, because of the economic decline and the impact of the recession, people with mortgages are having difficulties.
Excess capacity above line limit $ 400,000 A typical agreement would require that the amount overborrowed be immediately repaid to the lender.
At stake is a 12-billion euro aid tranche under the EU/IMF bailout agreed last year, as well as additional loans needed to plug a funding gap next year as the overborrowed country is unlikely to return to bond markets in 2012.
On the other hand, survey participants said they were less in favor of bank fines being used to help homeowners who overborrowed.
The overborrowed amount of $1,162,182 was just enough to ensure that the balance of the money market account would be zero at the end of month 20.
That crisis--albeit brought about by a mismatch in the maturity structure of the country's debt and not as a result of an overborrowed situation--and its impact on the course of macroeconomic development in the subsequent decade had a marked impact on the new policymakers.
Eddie McLean, 22, gambled on the Internet for years and overborrowed on a succession of credit cards, Teesside Crown Court heard yesterday.
Some countries take great pains to avoid this vicious cycle by remaining in the no-default group even when they find they have overborrowed.