Sovereign default/Definition: Difference between revisions

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imported>Nick Gardner
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imported>Nick Gardner
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<noinclude>{{Subpages}}</noinclude>The failure of a government to comply with  its interest payment or debt repayment obligations.
a government's repudiation of its interest payment or debt repayment obligations.

Latest revision as of 03:32, 16 February 2010

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A definition or brief description of Sovereign default.

The failure of a government to comply with its interest payment or debt repayment obligations.