Sovereign default/Definition: Difference between revisions

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.

Revision as of 09:49, 27 March 2009 (view source) imported>Nick Gardner (New page: <noinclude>{{Subpages}}</noinclude> a government's repudiation of its interest payment or debt repayment obligations, usually because of the operation of the ''debt trap".)		Latest revision as of 03:32, 16 February 2010 (view source) imported>Nick Gardner No edit summary
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	<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"~~.