cross-border debt
[/ˈkrɔːs ˈbɔːrdər dɛt/]
nounpl: cross-border debts
dívida transfronteiriça
1. Financial obligation owed by a borrower in one country to a lender in another country, involving international creditors and debtors across national borders
The cross-border debt between the two nations required careful negotiation and international oversight.
A dívida transfronteiriça entre os dois países exigiu negociação cuidadosa e supervisão internacional.
2. External debt incurred by governments, corporations, or individuals that must be repaid to foreign creditors in foreign currency
Brazil's cross-border debt increased significantly as companies borrowed more from international markets.
A dívida transfronteiriça do Brasil aumentou significativamente à medida que empresas tomaram mais empréstimos nos mercados internacionais.
3. In international finance, liabilities denominated in foreign currencies owed across international boundaries
Managing cross-border debt is crucial for maintaining currency stability and economic sovereignty.
Gerenciar dívida transfronteiriça é crucial para manter a estabilidade cambial e a soberania econômica.
Cross-border debt is a significant economic concern in Brazil and developing nations, particularly regarding relationships with international creditors and multilateral institutions like the IMF. The term gained prominence during Brazil's debt crises in the 1980s-1990s. In the USA and developed nations, it relates more to corporate international financing and bilateral trade relationships.
Related Idioms & Phrases
settle cross-border debt
service cross-border debt
restructure cross-border debt
refinance cross-border debt
cross-border debt crisis
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