government debt Meaning in the Cambridge English Dictionary
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Meaning of “government debt” in the English Dictionary

"government debt" in Business English

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government debtnoun [U]

uk   us   GOVERNMENT, ECONOMICS
the ​amount of ​moneyowed by a ​government to ​lenders at a particular ​time: Income ​taxrates are ​low, but ​governmentdebt is at its ​highestlevel ever.
(Definition of government debt from the Cambridge Business English Dictionary © Cambridge University Press)
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