Akademik

go into/get out of hock
go into/get out of hock
to get into or get out of debt: »

Until we either curb our appetite for imports or become a lot better at exporting, the more we trade the deeper we go into hock

»

Few believe that any legal action can yield the billions that the company needs to get out of hock.

Main Entry: hock

Financial and business terms. 2012.