- LDC
- BahamasLimited Duration Company. A company, but it has a life of 30 years or less. Sometimes, these companies can be classified as partnerships in the United States. Company Extensions and Security Identifiers————Also known as emerging markets. Countries who's per capita GDP is below a World Bank-determined level. Bloomberg Financial Dictionary
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less-developed country; a poor country whose economy is developing slowly and less successfully than most other countries:• billions of dollars of LDC loans
• the problem of LDC debts
• Many of the LDCs are important producers of raw materials.
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Lesser (or less) developed country. A term that was used to describe developing countries where the economy was primarily based on agriculture and industry contributed less than 10 percent of GDP. LDC has been replaced by the more widely defined term emerging markets.► See also Emerging Markets.* * *
LDC UK US noun [C] ECONOMICS► ABBREVIATION for LESS-DEVELOPED COUNTRY(Cf. ↑less-developed country): LDC debts/exports/loans »The EU offers duty-free access for 99% of LDC exports.
Financial and business terms. 2012.