The phrase
"indebted countries" refers to nations that owe a significant amount of money to other countries, international organizations, or financial institutions. These countries have borrowed money to fund their development, infrastructure, or other expenses, but now find themselves owing a substantial debt that needs to be repaid.
Full definition
Synonyms for individual words can be found below.
«indebted»
«country»
Sentences with «indebted countries»
- Government bonds bearing interest at 7 %, 8 % and 9 % are continuously maturing and being replaced with new bonds at 1 % or 2 %, which is a major relief for the financial officials of highly indebted countries. (pwlcapital.com)
- This is a very dangerous game played by two of the most indebted countries in the world, right when world demand is showing worrying signs of weakness: (edgeandodds.com)
- They pushed the cheap, post-crisis mortgages that have turned Canada into one of the most indebted countries in the world. (moneysense.ca)
- (see all
sentences)