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Foreign Debt
(redirected from External debt)

   Also found in: Wikipedia 0.01 sec.
Foreign Debt
The debt one government owes to a foreign government or corporation. Foreign debt may occur when one buys the debts securities issued by another government. While foreign debt can be advantageous because it may allow a country to finance its development or other government functions, a government owing too much foreign debt (or too much debt generally) may find itself beholden to another country. It is also called external debt or international debt. See also: Debt crisis.


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ISLAMABAD, November 15, 2009 (Balochistan Times): Islamabad Chamber of Commerce and Industry as called for initiating efforts for mobilizing domestic resources to limit country reliance on external debt as rising foreign debt will have severe long term direct negative impact on the countrys economic growth.
Byline: Daily Star Staff Summary: Merrill Lynch maintained its recommendation on Lebanon's external debt to 'Market Weight' in its model portfolio of emerging markets debt and maintained Lebanon's market weight at 5.
358 trillion registered at the end of July 2008, while external debt and liabilities, or EDL, soared to $52.
 
 
 
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