Paris Club Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “Paris Club” in the English Dictionary

"Paris Club" in Business English

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Paris Clubnoun

uk   us   ECONOMICS, POLITICS
a ​group of ​financeofficials from the world’s ​bigindustrial countries who ​meetregularly to ​find ways of helping countries that are in ​debt, for ​example by ​changing when the ​debt has to be ​repaid: The UK will therefore ​leadefforts in the Paris Club to get these countries to a ​level of ​debt which ​IMFanalysisshows they can ​afford.
(Definition of Paris Club from the Cambridge Business English Dictionary © Cambridge University Press)
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