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definition of "desendeudamiento"

definition of "desendeudamiento"

2
votes

In an article in ABC, French President Sarkozy, is reported to have said that France had entered into a "«nueva fase económica de desendeudamiento, que solo podrá solventarse con más trabajo y más rigor». I cannot find a definition of "desendeudameinto". I would appreciate any enlightenment.

Gracias por su ayuda,

Jim

1363 views
updated Dec 2, 2011
posted by jgundy

2 Answers

3
votes

get out of debt(s)

EDIT

Joyce:

I guess in English would be de-debt or undebt wink

updated Dec 2, 2011
edited by chileno
posted by chileno
Chileno, I wonder if, in English, better language might be 'debt retirement' or 'debt reduction'. My dictionary defines the verb 'desendeudar' to mean:to pay one's debts/get out of the red. - Moe, Dec 1, 2011
all of those are correct. You just said it "get out of debt" right? - chileno, Dec 2, 2011
Oh you mean "de-debt"? I was playing... I don't think such a word exists, although a possible correct word, nobody uses it. :) - chileno, Dec 2, 2011
3
votes

I love Spanish words that take a whole phrase to explain in English.

Thanks for this one.

updated Dec 1, 2011
edited by JoyceM
posted by JoyceM