household debt burden
Household debt burden refers to the amount of financial obligations that an individual or a family has, typically in the form of loans, mortgages, credit card debt, or other liabilities. It represents the level of debt a household carries relative to their income or assets, and usually indicates the financial strain or difficulty in meeting these repayment obligations.
Requires login.
Related Concepts (1)
Similar Concepts
- consumer debt
- corporate debt burden
- debt burden on elderly populations
- debt burden on high-income individuals
- debt burden on low-income individuals
- debt burden on middle-class families
- debt burden ratio
- domestic debt sustainability
- household budgeting
- household debt
- household expenditure
- mortgage debt
- national debt burden
- sovereign debt burden
- student loan debt burden