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View synonyms for national debt

national debt

noun

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

national debt

noun

  1. the total outstanding borrowings of a nation's central government Also called (esp US)public debt

national debt

  1. The debt of the government; the amount of borrowing by the government to meet expenditures exceeding tax revenues .

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Notes

A large national debt can inhibit growth and drive up interest rates .

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Word History and Origins

Origin of national debt1

An Americanism dating back to 1775–85

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