external debt Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “external debt” in the English Dictionary

"external debt" in Business English

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external debtnoun [U]

uk   us  
ECONOMICS, FINANCE the ​totalamount of ​money that a country ​owes to other countries: The country's ​externaldebt is a ​staggering $38bn and its ​takes half the ​annualbudget to ​service it.
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(Definition of external debt from the Cambridge Business English Dictionary © Cambridge University Press)
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