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addaword.gifdefinition of binge lending

noun
indiscriminate lending by banks and other financial institutions, of the type which led to the recent financial crisis
We need to take steps to prevent a return to the kind of binge lending that we've seen in recent months.
Submitted by: Julie, Aberdeen from United Kingdom on 08/07/2009 11:47:00
Definition of binge lending from the Open Dictionary – a public resource hosted by Macmillan English Dictionary Online

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