ALL meanings of odious debt
o·di·ous debt
O o - noun odious debt (international law) The national debt incurred by a regime for purposes that do not serve the best interests of the nation, and thus considered to be a personal debt of the regime and not a debt of the state. 0
- noun odious debt 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 0