public debt


Origin:
1715–25

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Based on the Random House Dictionary, © Random House, Inc. 2013.
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World English Dictionary
public debt
 
n
1.  the total financial obligations incurred by all governmental bodies of a nation
2.  another name for national debt

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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00:10
Public debt is always a great word to know.
So is slumgullion. Does it mean:
a stew of meat, vegetables, potatoes, etc.
a scrap or morsel of food left at a meal.
Example sentences
It doesn't make any sense to talk about public debt only.
Rich economies where public debt burdens are soaring urgently need bold and
  credible plans for medium-term deficit-reduction.
Conventional measures of public debt show the legacy of past borrowing.
We will fortunately be able to apply to the redemption of the public debt any
  small and unforeseen excess of revenue.
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