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Meaning of 烂账

Lookup via: Pinyin | Radicals
làn zhàng (Trad.: 爛賬)
accounts in a rotten state
Example Sentences
1
The accounts are all in a mess.
2
More and more loans turn sour as asset prices fall and businesses fail;
3
He will preside over the ECB at a time of peril. Mr Trichet stretched his mandate by buying the bonds of distressed euro-zone states.
4
So what we' re basically saying as a country is that unless the market or Mother Nature make us pay, we are going to hand this whole bill over to our children.