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PSBR

abbreviation for (in Britain)
  1. 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
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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