the financial obligations of a national government resulting from deficit spending.
the total outstanding borrowings of a nation’s central government Also called (esp US) public debt
The debt of the government; the amount of borrowing by the government to meet expenditures exceeding tax revenues.
Note: A large national debt can inhibit growth and drive up interest rates.
noun, U.S. Government. 1. an independent agency that stimulates the growth and development of the arts in the U.S. by awarding grants to individuals and organizations.
- National enterprise board
noun 1. a public corporation established in 1975 to help the economy of the UK. In 1981 it merged with the National Research and Development Council to form the British Technology Group NEB
noun 1. forested land owned, maintained, and preserved by the U.S. government.
noun 1. a colorful food and game fish, Epinephelus striatus, common off the Florida Keys.