abbreviation
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public sector borrowing requirement: the excess of government expenditure over receipts (mainly from taxation) that has to be financed by borrowing from the banks or the public
"Collins English Dictionary — Complete & Unabridged"
2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986
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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
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