repudiation of debt
event in which a government unilaterally cancels a debt it owes
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repudiation of debt
Summary
Key Facts
- repudiation of debt is a type of expropriation[1].
- repudiation of debt is a type of refusal[2].
- repudiation of debt is a type of cancellation[3].
- repudiation of debt's has cause is recorded as odious debt[4].
- repudiation of debt's has cause is recorded as regime change[5].
- repudiation of debt's immediate cause of is recorded as sovereign default[6].
- repudiation of debt's different from is recorded as debt restructuring[7].
- repudiation of debt's class of object is recorded as debt[8].
Body
Definition and Type
Recorded subclass of include expropriation[1], refusal[2], and cancellation[3].