What is LONDON CLUB?

Major creditor banks informally associated who discuss debt rescheduling when requested by borrower governments, as well as other banking matters. The group convenes as needed for these discussions. Also refer to Group Of Ten.

More On This Topic




Link to This Definition

Did you find this definition of LONDON CLUB helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary