Share This Article:

Economic Definition of creditor nation. Defined.

Offline Version: PDF

Term creditor nation Definition: A nation that owes less to foreign governments, businesses, and consumers than foreigners owe to domestic governments, businesses, and consumers. The United States, was a creditor nation for many decades, being one of the chief sources of lending to other nations in the world. It has now achieved the status of debtor nation.

 

« credit union | cross elasticity of demand »

Permalink: http://glossary.econguru.com/economic-term/creditor+nation

Alphabetical Reference to Over 2,000 Economic Terms