Outrageously Funny Word Dictionary :: Exorbitation

👉 Exorbitance is a term used in finance and legal terms to describe an excessive or unreasonable amount of debt, especially when compared to what one's financial situation allows. It refers to situations where individuals or companies owe more than they can afford due to over-indebtedness. In the context of money, exorbitant debts often refer to high-interest loans, credit card balances, or other types of debt that are perceived as being too expensive for an individual or business to manage. This excessive spending

exorbitation