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  1. meliss's Avatar
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    #1

    Debt is being financed by outsiders

    Happy New Year everybody!
    And here is my question:
    I don't understand the meaning of the "their debt is being financed by outsiders" in the following sentence:
    "What they are supremely focused on is maximising profit margins and urgently so if their debt is being financed by outsiders".
    Does it mean "so if they owe money to somebody"? Thank you in advance.


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    #2

    Re: Debt is being financed by outsiders

    They have taken out a loan (from a bank or a moneylender) to cover a debt, so their debt has increased.

  2. curmudgeon's Avatar
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    #3

    Re: Debt is being financed by outsiders

    "What they are supremely focused on is maximising profit margins and urgently so, as their debt is being financed by outsiders".

    The reason they are focused is that their debt is financed by someone else.

  3. meliss's Avatar
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    #4

    Re: Debt is being financed by outsiders

    The reason they are focused is that their debt is financed by someone else.

    Actually I can read it, but it is not clear. So they have two debts? While the first one is decreasing (financed by someone else), another one (to this "someone") rises?

  4. curmudgeon's Avatar
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    #5

    Re: Debt is being financed by outsiders

    No, there is only one debt but they do not have control of it as someone outside is paying it and probably demanding that they repay them. This is making them focus urgently on this problem.

  5. meliss's Avatar
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    #6

    Re: Debt is being financed by outsiders

    Thank you.

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