External debt (or foreign debt) is that part of the total debt in a country that is owed to creditors outside the country. The debtors can be the government, corporations or citizens of that country. The debt includes money owed to private commercial banks, other governments, or international financial institutions such as the International Moneta... Found on http://en.wikipedia.org/wiki/External_debt
Also known as Foreign Debt. Money that is owed by the government, organisations or individuals to creditors in other countries Found on http://www.encyclo.co.uk/local/22643