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national debt
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noun
the financial obligations of a national government resulting from deficit spending.
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Also called public debt.
Origin of national debt
An Americanism dating back to 1775–85
Words nearby national debt
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use national debt in a sentence
British Dictionary definitions for national debt
national debt
noun
the total outstanding borrowings of a nation's central governmentAlso called (esp US): public debt
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Cultural definitions for national debt
national debt
The debt of the government; the amount of borrowing by the government to meet expenditures exceeding tax revenues.
notes for national debt
A large national debt can inhibit growth and drive up interest rates.
The New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.