National-debt


noun
1.
the financial obligations of a national government resulting from deficit spending.
noun
1.
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.

Read Also:

  • National-endowment-for-the-arts

    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

  • National-forest

    noun 1. forested land owned, maintained, and preserved by the U.S. government.

  • Nassau-grouper

    noun 1. a colorful food and game fish, Epinephelus striatus, common off the Florida Keys.

  • Nassau

    [nas-aw; for 2, 3 also German nah-sou] /ˈnæs ɔ; for 2, 3 also German ˈnɑ saʊ/ noun 1. a seaport on New Providence Island: capital of the Bahamas; seaside resort. 2. a district in central Germany: formerly a duchy, now a part of Hesse. 3. a member of a European royal family that ruled chiefly […]


Disclaimer: National-debt definition / meaning should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. All content on this website is for informational purposes only.