Meaning of “double bind” in the English Dictionary

british 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)

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