Term:
Private debt
Definition:
Private debt is debt from a loan by a private entity, such as a bank or an exporter. It may be guaranteed by the official sector. If it is rescheduled by the official sector it is reclassified as other official flow (OOF) debt
Domain:
Finance
Source:
Development Assistance Committee (DAC) International Development Statistics – Handbook for Reporting Debt Reorganisation on the DAC Questionnaire