Gunning/Gunned
Gunning/Gunned is a financial term used to describe a situation in which a company or individual is taking on more debt than they can handle. It is often used to describe a situation in which a company is taking on too much debt and is unable to pay it back. The term is derived from the phrase “shooting oneself in the foot”, which is used to describe a situation in which someone has made a mistake that will have negative consequences.
History of Gunning/Gunned
The term “gunning/gunned” has been used since the early 1900s to describe a situation in which a company or individual is taking on too much debt. The term was first used in the context of the stock market, where it was used to describe a situation in which a company was taking on too much debt and was unable to pay it back. The term has since been used in other financial contexts, such as when a company is taking on too much debt to finance a project or when an individual is taking on too much debt to purchase a home.
Comparison Table
| Situation | Debt Taken On | Ability to Pay Back |
|---|---|---|
| Company Financing a Project | High | Low |
| Individual Purchasing a Home | High | Low |
Summary
Gunning/Gunned is a financial term used to describe a situation in which a company or individual is taking on more debt than they can handle. It is often used to describe a situation in which a company is taking on too much debt and is unable to pay it back. The term has been used since the early 1900s and is derived from the phrase “shooting oneself in the foot”. For more information about this term, you can visit websites such as Investopedia and The Balance.
See Also
- Debt Financing
- Leverage
- Debt-to-Income Ratio
- Credit Score
- Interest Rate
- Default
- Bankruptcy
- Secured Debt
- Unsecured Debt
- Debt Consolidation
