external debt Meaning in Cambridge Business English Dictionary
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Meaning of "external debt" - Business English Dictionary

external debt

noun [U]
 
 
ECONOMICS, FINANCE the total amount of money that a country owes to other countries: The country's external debt is a staggering $38bn and its takes half the annual budget to service it. →  See also foreign debt
(Definition of external debt from the Cambridge Business English Dictionary © Cambridge University Press)
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