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Repudiation

An outright cancellation of all current and future external debt and equity obligations of a borrower. This constitutes a borrower's...

    Debt Repudiation

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

      Partial Repudiation

      An outright cancellation of a part of current and future external debt and equity obligations of a borrower. This constitutes...