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public finance

 
 
noun GOVERNMENT, ECONOMICS

Definition

[plural or U] (also public funds [plural]) the money that a government has available to spend from taxes and borrowing: Which country has been most successful in managing its public finances? public finance department/figures/forecasts
[U] the management of government money: He is an economist who specializes in public finance and international debt.
(Definition of public finance noun from the Cambridge Business English Dictionary © Cambridge University Press)

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