Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “HIPC”

HIPC

noun [plural]     ECONOMICS
abbreviation for heavily indebted poor countries: countries without much money whose governments owe a lot of money to other countries and international banks: Under the HIPC Initiative, the poorest states get financial help from the International Monetary Fund to spend on programmes to combat poverty.
(Definition of HIPC noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of HIPC

Word of the Day

friendship

a situation in which two people are friends

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More