Pronunciation: /bɪndʒ ˈlɛndɪŋ/
noun a noun is a word that represents a person, place, thing, or idea. In this case, 'binge lending' is a noun because it represents a specific type of lending behavior where a large amount of money is lent out in a short period of time.
A1 Binge lending is when someone borrows a lot of money at once.
A2 People should be cautious of binge lending as it can lead to financial problems.
B1 The bank implemented stricter policies to prevent binge lending among its customers.
B2 The government is considering regulations to curb binge lending in the housing market.
C1 Financial institutions need to address the issue of binge lending to ensure stability in the economy.
C2 The consequences of binge lending can have far-reaching impacts on the overall financial system.
formal Binge lending refers to the practice of excessively extending credit to borrowers without proper evaluation of their ability to repay.
informal Some financial institutions engage in binge lending, offering loans to anyone who applies without considering the risks involved.
slang I heard that company is into binge lending, they just keep giving out loans like candy.
figurative In a way, binge lending is like throwing caution to the wind and hoping for the best outcome, regardless of the consequences.
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