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PUBLIC DEBT
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Dictionary entry overview: What does public debt mean?
• PUBLIC DEBT (noun)
The noun PUBLIC DEBT has 1 sense:
1. the total of the nation's debts: debts of local and state and national governments; an indicator of how much public spending is financed by borrowing instead of taxation
Familiarity information: PUBLIC DEBT used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
The total of the nation's debts: debts of local and state and national governments; an indicator of how much public spending is financed by borrowing instead of taxation
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("public debt" is a kind of...):
debt (money or goods or services owed by one person to another)
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"Every frog must know its sole-leather." (Bulgarian proverb)
"Wherever there's bread, stay there." (Armenian proverb)
"He whom the shoe fits should put it on." (Dutch proverb)