Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “the public sector borrowing requirement”

the public sector borrowing requirement

noun [S]
 
 
( abbreviation PSBR) UK old use ECONOMICS, GOVERNMENT
the amount of money the government has to borrow when taxes and its other sources of income are not enough to pay for all the services it needs to provide. The public sector borrowing requirement is now known as the public sector net cash requirement.
(Definition of the public sector borrowing requirement from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of the public sector borrowing requirement?
Add Cambridge dictionaries to your browser to your website

Word of the Day

justice

fairness in the way people are dealt with

Word of the Day

A certain je ne sais quoi: French words and phrases used in English

by Liz Walter,
January 21, 2015
It is an odd irony that the more sophisticated your use of English is, the more likely you are to use French words and phrases. Or, to be more accurate, ones you know to be French – words such as ballet, au pair, abattoir, fiancé, café, and restaurant are so entrenched in

Read More 

flower beard noun

January 19, 2015
a beard adorned with flowers And some of said beard-rockers are even turning it up a notch, painting trend on top of trend with what’s come to be known as ‘the flower beard.’

Read More