Borrowing constraint (借款约束)

Borrowing constraint (借款约束 jiè kuǎn yuē shù) is the limitation on the amount of money a person could borrow from the institutions or individuals.

Part 1: Breakdown of Words

• Borrowing (借款 jiè kuǎn) as in “commercial borrowing” (商业借款 shāng yè jiè kuǎn), or “cost of borrowing” (借款成本 jiè kuǎn chéng běn).
  • “借” (jiè) as in “rent” (租借 zū jiè), “excuse” (借口 jiè kǒu), or “lend” (借出 jiè chū).
  • “款” (kuǎn) as in “terms” (条款 tiáo kuǎn), “treat cordially” (款待 kuǎn dài), “loan” (贷款 dài kuǎn), or “large sum of money” (巨款 jù kuǎn).
• Constraint (约束 yuē shù) as in “legal constraint” (法律约束 fǎ lǜ yuē shù), “budget constraint” (预算约束 yù suàn yuē shù). 
  • “约” (yuē) as in “date” (约会 yuē huì), “treaty” (条约 tiáo yuē), “approximately” (大约 dà yuē), or “promise” (约定 yuē dìng).
  • “束” (shù) as in “bondage” (束缚 shù fù), “end” (结束 jié shù), or “ill at ease” (拘束 jū shù).

Part 2: Examples

1. Natural borrowing constraints (自然借款约束 zī rán jiè kuǎn yuē shù).
2. State government borrowing constraint (国家借款约束 guó jiā jiè kuǎn yuē shù).