Debt to gross book value was 46.6% on December 31, 2013.

2013年12月31日，债务与账面价值总额之比为46.6%。

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In effect, the US could avoid bankruptcy and a default on its debt by inflating away some or most of the real value of its debt.

事实上，美国一直通过通货膨胀来降低部分或者说大分部债务的价值来避免破产和债务违约。

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Inflation helps reduce the total debt stock over time, by reducing the real value of debt.

久而久之，通货膨胀通过减少债务的实际价值减少了债务总量。

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The Education Department says some of that goes to waste and leaves students in debt for educations of little or no value.

VOA: special.2010.07.29

Part of--this is the--it's not loan-to-value ratio-- this is the ratio of mortgage debt to personal consumption expenditure.

这并非贷款价值比率的问题,一定程度上,是抵押率的问题,即负债对个人消费支出的比率

耶鲁公开课 - 金融市场课程节选

They became almost worthless because they were investing in subprime debt and the value of the debt collapsed and so these collapsed as well.

它们变的分文不值,因为它们投资次级债务,而这些债券价格一落千丈,所以这些银行也跟着倒下

耶鲁公开课 - 金融市场课程节选

If we have deflation, debt grows in value, so we must reduce debt.

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Russell Croft, managers of the Croft Value and Croft Income funds, combine low earnings multiples with other indicators, such as cash flow, book value and debt-to-enterprise value.

FORBES: Beyond Low Price-Earnings Ratios

Deflation pushes up the real burden of debt, while the value of assets linked to that debt, such as house prices, may have to fall even more sharply in nominal terms to return to a fair level.

ECONOMIST: The world economy