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单词 debt swap
释义 debt swap

debt swap noun [C]

(Finance )

1 = DEBT-EQUITY SWAP

2

an arrangement between a government and a foreign lender. The lender agrees to reduce the amount of the government's debt in exchange for the government spending money on developing the country:

The debt swap will generate funds for local conservation programmes.

Under the debt-swap agreement, $150 million of foreign debt will be converted to local currency and spent on education.

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更新时间:2025/4/16 9:16:22