It is the second group that has suffered as lenders have refused to make new loans.

If all the lenders refused to extend the maturity dates of their loans, it could lead to a general default.

The lenders Dorend have refused to comment on the case.

The lenders, alarmed, refuse to roll over the short-term debt.

Private lenders usually have refused to lend money, or at least to do so on terms that the borrower can hope to repay.

Some lenders were already refusing to give money for areas which they thought might eventually be included in the list.

For some buyers, the technique is a way to buy a home when traditional lenders refuse to make a loan on the property.

Nervous lenders refused to roll over short-term loans into new commercial paper.

The lenders refused to do so and argued that a sale was the only way to recoup their investment.

Most lenders will refuse further finance where gearing exceeds 50 per cent.