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Meaning of “double bind” in the English Dictionary

"double bind" in Business English

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double bindnoun [S]

uk   us  
a difficult situation in which, whatever action you take, you cannot escape unpleasant results: Life insurers are caught in a double bind: asset values are falling, but firms are still offering high returns to policyholders in an effort to avoid a collapse in new policy subscriptions.
(Definition of double bind from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “double bind”
in Chinese (Simplified) 进退两难,左右为难…
in Chinese (Traditional) 進退兩難,左右爲難…
What is the pronunciation of double bind?
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