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Debt-Equity Swap

A financial transaction in which a multinational company (MNC) buys the debt of a country from its original creditor at...

    Debt Repudiation

    A complete default on debt repayment and service by a debtor nation. This constitutes an outright cancellation of all current...

      Domestic CAPM

      A capital asset pricing model (CAPM) that is premised on that investors hold only the assets of a specific country (usually where...