public debt


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Related to public debt: national debt

public debt

n
1. (Economics) the total financial obligations incurred by all governmental bodies of a nation
2. (Economics) another name for national debt
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

na′tional debt′


n.
the financial obligations of a national government. Also called public debt.
[1775–85, Amer.]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in classic literature ?
Washington, though in retirement, was brooding over the cruel injustice suffered by his associates in arms, the warriors of the Revolution; over the prostration of the public credit and the faith of the nation, in the neglect to provide for the payments even of the interest upon the public debt; over the disappointed hopes of the friends of freedom; in the language of the address from Congress to the States of the eighteenth of April, 1788--"the pride and boast of America, that the rights for which she contended were the rights of human nature."
The public debt of the Union would be a further cause of collision between the separate States or confederacies.
According to the Central Bank of Egypt's (CBE) September report, the domestic public debt increased to EGP 3.16tn at the end of June, compared to EGP 3.07tn in March 2017, and EGP 2.62tn at the end of June 2016.
PUBLIC DEBT: AN ILLUSION OF DEMOCRATIC POLITICAL ECONOMY
Salsman's book is an intellectual laser beam that offers clarity and precision in an important but neglected area of political and economic thought: public debt theory.
This is reflected in the "public debt brochure" published
(TAP) --Tunisia's debt ratio reached 66.9% of GDP by the end of June 2017, compared to 60.3% of GDP in June 2016, according to the public debt brochure published on September 4 by the Finance Ministry.
According to official sources, public debt shall be reduced to less than 60 per cent of estimated GDP until 2017-18 and thereafter a 15 year transition has been set towards a debt to GDP ratio of 50 per cent.
Balkan countries Montenegro, Albania and Croatia are at risk to have their public debt increased, lists the World Bank in the most recent Global Economic Prospects.
8 (Petra) -- Jordan's public debt surged to JOD26.046 billion by the end of September, comprising 95 per cent of Gross Domestic Product, estimated at JOD27.41 billion, according to official figures.
Public debt has become a major issue for almost all the industrialized economies.
The article presents an analysis of the way public debt operates in Romania, in the context of states economies trends, of complex and topical financial environments.