contraer una deuda

contraer una deuda
An intransitive verb phrase is a phrase that combines a verb with a preposition or other particle and does not require a direct object (e.g. Everybody please stand up.).
intransitive verb phrase
1. (finance)
a. to incur a debt
La empresa ha contraído una enorme deuda. Como no podrá cancelarla, deberá llamar a convocatoria de acreedores.The company has incurred a huge debt. As it will not be able to repay it, it will have to file Chapter 11.
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