財政破綻
Meanings
1
fiscal collapse; economic collapse
Refers to a government's or organization's inability to meet its financial obligations, often leading to default or restructuring.
Greece's fiscal collapse affected the entire eurozone.
At this rate, the local government's fiscal collapse is unavoidable.
Usage patterns
- 〈場所〉が財政破綻するfor a place/government to go into fiscal collapse
The city finally went into fiscal collapse.
- 財政破綻に陥るto fall into fiscal collapse
Many local governments are at risk of falling into fiscal collapse.
- 財政破綻を招くto bring about fiscal collapse
Excessive public spending brought about fiscal collapse.
- 財政破綻を回避するto avoid fiscal collapse
The government avoided fiscal collapse through emergency aid.