recourse repudiation
... 拒绝偿还债务 recourse repudiation 拒绝承兑 actual dishonour; nonacceptance 拒绝承兑汇票证书 authenticated protest ...
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他因拒绝偿还债务而入狱。
His refusal to pay his debts landed him in prison.
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理论上讲，打算拒绝偿还债务的国家，最大的顾虑是主权(债务)违约会对本国经济造成伤害。
In THEORY, fears about the economic damage wrought by a sovereign default should play a big role in disciplining countries considering repudiating their debts.
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