Meaning of “debtor nation” in the English Dictionary

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"debtor nation" in Business English

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debtor nationnoun [ C ]

uk us 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.

(Definition of “debtor nation” from the Cambridge Business English Dictionary © Cambridge University Press)