public debt
Americannoun
public debt
British
noun
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the total financial obligations incurred by all governmental bodies of a nation
-
another name for national debt
Etymology
Origin of public debt
First recorded in 1715–25
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.