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public debt
(redirected from Sovereign debt)

    Also found in: Legal, Financial, Wikipedia 0.01 sec.
public debt
n Chiefly US
1. (Economics) the total financial obligations incurred by all governmental bodies of a nation
2. (Economics) another name for national debt
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.public debt - 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
debt - money or goods or services owed by one person to another
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In addition, investors are increasingly concerned about sovereign debt.
Hopes worst of crisis over fuel market rally: bank body by AFP / AFP Global Edition
It is the first time the nation's AAA-rating has come under threat since S& P began assessing the UK's sovereign debt in 1978.
UK economy set to lose credit rating; Fears that UK debt could hit ... by The Journal (Newcastle, England)
21 Kyodo Fitch Ratings on Thursday downgraded its rating of long-term, yen-denominated Japanese government bonds to ''AA-minus'' from ''AA,'' joining other major rating agencies in lowering Japan's sovereign debt rating to the lowest among the seven major industrial powers.
Fitch lowers Japanese gov't bond rating by Japan Weekly Monitor
 
 
 
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