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English definition of “debtor nation”

debtor nation

noun [C]
 
 
(also debtor country)
ECONOMICS, POLITICS a country that owes more to other countries than other countries owe to it: The heavy foreign buying of U.S. securities flipped the U.S. over from creditor to debtor nation a few years ago. → Compare creditor nation
(Definition of debtor nation from the Cambridge Business English Dictionary © Cambridge University Press)
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