/ English Dictionary |
PUBLIC DEBT
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
The total of the nation's debts: debts of local and state and national governments; an indicator of how much public spending is financed by borrowing instead of taxation
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("public debt" is a kind of...):
debt (money or goods or services owed by one person to another)