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public debt
(redirected from debt, public)

    Also found in: Legal, Financial, Encyclopedia, Hutchinson 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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