| 释义 |
odious debt
odious debt n 1. (Banking & Finance) international law sovereign debt incurred through activities which do not serve the best interests of the nation, esp when incurred by a despotic, tyrannical, or otherwise unjust and oppresive regime. Such debts are typically considered invalid and written off after the regime is deposed 2. (Government, Politics & Diplomacy) international law sovereign debt incurred through activities which do not serve the best interests of the nation, esp when incurred by a despotic, tyrannical, or otherwise unjust and oppresive regime. Such debts are typically considered invalid and written off after the regime is deposed [C20: coined by Alexander Sack, Russian legal theorist]
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