Meaning of “debtor nation” in the English Dictionary


"debtor nation" in Business English

See all translations

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)