Sovereign default/Definition: Difference between revisions

Latest revision as of 03:32, 16 February 2010

Timelines ^[?]

Addendum ^[?]

A definition or brief description of Sovereign default.

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

Revision as of 09:49, 27 March 2009 (view source) imported>Nick Gardner mNo edit summary ← Older edit		Latest revision as of 03:32, 16 February 2010 (view source) imported>Nick Gardner No edit summary
(One intermediate revision by the same user not shown)
Line 1:		Line 1:
	<noinclude>{{Subpages}}</noinclude>		<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~~, usually because of the operation of the ''debt trap''~~.