Glossary entry (derived from question below)
French term or phrase:
rebond de l\'endettement privé
English translation:
resurgence in consumer debt
Added to glossary by
Una D.
Apr 26, 2017 07:26
7 yrs ago
French term
rebond de l\'endettement privé
French to English
Bus/Financial
Finance (general)
Debt
Context: a text concerning the European Monetary Union, how well it has dealt with the financial crisis, and its future prospects. This section compares its situation to that of the US.
Paragraph: "Sur la période récente,[...] l’écart de croissance entre la zone euro et les États-Unis est en grande partie expliqué par des facteurs qui ne sont pas directement imputables au fonctionnement de l’UEM : un rebond aux États-Unis de l’endettement privé et partant de la consommation des ménages puis de l’investissement des entreprises, après un désendettement plus brutal qu’en zone euro; [...]"
Would anyone be able to suggest the correct term in English for "rebond de l'endettement privé"? I'm not sure whether we would use something like rebound/recovery in this context.
Thanks for your help!
Paragraph: "Sur la période récente,[...] l’écart de croissance entre la zone euro et les États-Unis est en grande partie expliqué par des facteurs qui ne sont pas directement imputables au fonctionnement de l’UEM : un rebond aux États-Unis de l’endettement privé et partant de la consommation des ménages puis de l’investissement des entreprises, après un désendettement plus brutal qu’en zone euro; [...]"
Would anyone be able to suggest the correct term in English for "rebond de l'endettement privé"? I'm not sure whether we would use something like rebound/recovery in this context.
Thanks for your help!
Proposed translations
(English)
References
| rebound |
Maria Rigli
|
Proposed translations
3 hrs
AllegroTrans
United Kingdom
United Kingdom
Native in English
Specializes in field
United Kingdom
Sensible solutions
Native in: English (Variant: Wessexois) 
Works in: French to English, English, English to French
Related KudoZ points
:
267
Selected
increase/upturn in consumer debt
About 65,900 results (0.58 seconds)
Search Results
Consumer borrowing shows biggest increase for a decade | Money ...
https://www.theguardian.com › Money › Borrowing & debt
29 Feb 2016 - “However, the current increase in consumer debt combined with interest rate rises over the years ahead will lead to rising debt defaults as we ...
Consumer Debt Statistics - Money-zine.com
www.money-zine.com/financial-planning/debt.../consumer-debt...
Increase in Consumer Debt over Time. This next chart normalizes debt for the growth in the United States population. The graph below shows the total consumer ...
Consumer debt | Economics Help
www.economicshelp.org › Economics help blog › Glossary Terms
28 Nov 2012 - ... house prices encouraging home-owners to take out debt. More detail: What causes an increase in consumer debt? This entry was posted in .
Economics Essays: What causes an increase in consumer debt.
econ.economicshelp.org/2007/06/what-causes-increase-in-consumer-debt.html
7 Jun 2007 - What causes an increase in consumer debt. Lower Real interest rates. Low interest rates mean that loans are more attractive; therefore, ...
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Note added at 8 hrs (2017-04-26 16:02:31 GMT)
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OR
upsurge
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Note added at 8 hrs (2017-04-26 16:04:24 GMT)
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OR
resurgence
Search Results
Consumer borrowing shows biggest increase for a decade | Money ...
https://www.theguardian.com › Money › Borrowing & debt
29 Feb 2016 - “However, the current increase in consumer debt combined with interest rate rises over the years ahead will lead to rising debt defaults as we ...
Consumer Debt Statistics - Money-zine.com
www.money-zine.com/financial-planning/debt.../consumer-debt...
Increase in Consumer Debt over Time. This next chart normalizes debt for the growth in the United States population. The graph below shows the total consumer ...
Consumer debt | Economics Help
www.economicshelp.org › Economics help blog › Glossary Terms
28 Nov 2012 - ... house prices encouraging home-owners to take out debt. More detail: What causes an increase in consumer debt? This entry was posted in .
Economics Essays: What causes an increase in consumer debt.
econ.economicshelp.org/2007/06/what-causes-increase-in-consumer-debt.html
7 Jun 2007 - What causes an increase in consumer debt. Lower Real interest rates. Low interest rates mean that loans are more attractive; therefore, ...
--------------------------------------------------
Note added at 8 hrs (2017-04-26 16:02:31 GMT)
--------------------------------------------------
OR
upsurge
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Note added at 8 hrs (2017-04-26 16:04:24 GMT)
--------------------------------------------------
OR
resurgence
4 KudoZ points awarded for this answer.
Comment: "Thanks for all the input, I went with resurgence in the end."
1 hr
Rob Grayson
United Kingdom
United Kingdom
Native in English
Specializes in field
United Kingdom
Related KudoZ points
:
805
upturn in private debt
"Rebond" can also sometimes be appropriately translated "recovery".
Note from asker:
| Thanks, all the comments were useful to me, in the end I went with "resurgence". |
Peer comment(s):
| neutral |
Nikki Scott-Despaigne
: Although "upturn" is often good for "rebond", it generally suggests something postive, yet private debt is not generally considered to be a good thing.//Quite right, although the choice of "borrowing" rather than debt adds to the positive slant.
16 mins
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I hear you, but it's not that black and white: an upturn in private sector borrowing can be a good thing if it is indicative of increased consumer confidence – as, I believe, is the case here.
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1 hr
Ana Vozone
Specializes in field
Will do!
Native in: Portuguese (Variant: European/Portugal)
Works in: English to Portuguese, French to Portuguese, German to Portuguese, and 1 more.
Related KudoZ points
:
48
increase in private indebtedness/debt
Example sentence:
The low profitability of firms also weighs on their deleveraging capacity and therefore contributes to the increase in private indebtedness.
n the "affluent society" led to a rapid decline in public debt burden, with only a partly compensating increase in private indebtedness.
Note from asker:
| Thanks, all the comments were useful to me, in the end I went with "resurgence". |
| Thanks, all the comments were useful to me, in the end I went with "resurgence". |
Peer comment(s):
| agree |
Nikki Scott-Despaigne
: private debt or (private debt levels)
10 mins
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Thank you, Nikki!
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| neutral |
mrrafe
: Rebound and indebtedness both are appropriate, and closer to the meaning and tone of the original than upturn and debt.
24 mins
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I do not understand your "neutral", sorry!
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| disagree |
nweatherdon
: It is not an increase per se. It is an increase after previously poor conditions. Hence, "rebond" and not "augmenter" or something.
6 hrs
|
6 hrs
Francois Boye
United States
United States
Native in French
Specializes in field
United States
An economic geek with social skills
Native in: French
Works in: English to French, French to English, Spanish to English, and 1 more.
Related KudoZ points
:
305
private debt rebound
Note from asker:
| Thanks, all the comments were useful to me, in the end I went with "resurgence". |
-1
8 hrs
nweatherdon
Canada
Canada
Native in English
Specializes in field
Canada
Economics, finance and biosciences
Native in: English
Works in: French to English, English to French, Spanish to English, and 2 more.
Related KudoZ points
:
126
Recovery of/in private debt
a) The "recovery" or "rebound" aspect is needed in the communication. It is not just rising, but it's rising after having previously fallen (or at least weakened a lot), which is inclusive of "recovery" or "rebound".
b) "private debt" - this includes the entire economy outside of government, and thus excludes things like municipal debts and federal debts or debts or federally owned crown corporations - and DOES include things like corporate debt and all other forms of private debt in addition to consumer debt per se.
Substantively similar to the entry of Francois, but I think sufficiently different to warrant making a separate entry on the basis of additionally preferring a different phrasing. Also, making an additional entry enables to make some additional comment all in the same space.
On the matter of whether increased private debt is a good thing or not, this really depends. If taken as an indicator of confidence in future economic states which leads companies to take on debt in order to invest in productive activities, or if the cause is that households are increasing debt due to similar confidence in future economic situation (and NOT because they lost income and must take debt to pay bills) ... all of these are reasons that debt can be described as a positive "recovery".
Notice, for example, that it describes "désendettement plus brutal", which reflects reduced investment and stagnation which may follow paydowns of debt which may occur due to creditor requirements which prevent making productive investments (maybe a 100 million dollar factory line, or maybe refraining from the more expensive dishwasher that would have saved you time).
It doesn't make sense from a household perspective. Unless, say, someone tries to tell you that you got ahead by dropping out of university in order to not increase debt and to pay some of it off, whereas you may have done better to increase debt faster and have a higher productivity potential in the future which would leave you better off overall. So ... actually, is DOES make sense at the household perspective, unless you choose poor examples.
b) "private debt" - this includes the entire economy outside of government, and thus excludes things like municipal debts and federal debts or debts or federally owned crown corporations - and DOES include things like corporate debt and all other forms of private debt in addition to consumer debt per se.
Substantively similar to the entry of Francois, but I think sufficiently different to warrant making a separate entry on the basis of additionally preferring a different phrasing. Also, making an additional entry enables to make some additional comment all in the same space.
On the matter of whether increased private debt is a good thing or not, this really depends. If taken as an indicator of confidence in future economic states which leads companies to take on debt in order to invest in productive activities, or if the cause is that households are increasing debt due to similar confidence in future economic situation (and NOT because they lost income and must take debt to pay bills) ... all of these are reasons that debt can be described as a positive "recovery".
Notice, for example, that it describes "désendettement plus brutal", which reflects reduced investment and stagnation which may follow paydowns of debt which may occur due to creditor requirements which prevent making productive investments (maybe a 100 million dollar factory line, or maybe refraining from the more expensive dishwasher that would have saved you time).
It doesn't make sense from a household perspective. Unless, say, someone tries to tell you that you got ahead by dropping out of university in order to not increase debt and to pay some of it off, whereas you may have done better to increase debt faster and have a higher productivity potential in the future which would leave you better off overall. So ... actually, is DOES make sense at the household perspective, unless you choose poor examples.
Note from asker:
| Thanks, all the comments were useful to me, in the end I went with "resurgence". |
Peer comment(s):
| disagree |
AllegroTrans
: "recovery" does not convey the idea of increase and/or rising after previously falling; "recovery" on the contrary implies collection of debts (cf. debt recovery)
1 hr
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The context is economy-wide macroeconomic variables, not financial recovery of/from some particular economic actor.
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Reference comments
1 hr
Maria Rigli
Greece
Greece
Works in field
Greece
Professionalism
Native in: Greek
Works in: English to Greek, French to Greek, Greek to English, and 3 more.
Reference:
rebound
see the links
Peer comments on this reference comment:
| agree |
Nikki Scott-Despaigne
: Initially, I was not crazy about "rebound". Now I am coming round to thinking it would be a good solution.
5 hrs
|
| agree |
AllegroTrans
: 'resurgence' may be slightly more apt
6 hrs
|
| agree |
nweatherdon
: 'resurgence' as suggest by AllegroTrans would play well with the "animal spirits" sort of hypotheses in explaining why economic fluctuations are often larger than make sense ...
6 hrs
|
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