External Debt
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Business Glossary 
Definitions for: external debt
external debt
- funds obtained from outside an organization, including bank loans and subordinated debt-a measure of financial leverage. In general, external debt is anything that is not equity capital such as common stock or preferred stock.
- total amount of bank debt owed by debtor nations to foreign lenders and creditor banks.
Copyright c 2006, 2000, 1997, 1993, 1990 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.
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