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credit squeeze |
Also found in: Wikipedia, Hutchinson | 0.09 sec. |
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| Long term, this continued credit squeeze will aid the competitive positions of those companies with sound business models and debt-free balance sheets. Pacific Gas and Electric Company today informed the California Public Utilities Commission that the cash and credit squeeze created by the electricity crisis in California has prompted 15-20 natural gas suppliers to decline to sell gas to the company beyond their current commitments. If Greenspan moves to lower interest rates, that could free up billions of dollars in capital that had been sidelined, easing the credit squeeze in key tech sectors such as telecommunications. |
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