national debt Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “national debt” in the English Dictionary

"national debt" in British English

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national debtnoun [C usually singular]

uk   us   (US also public debt)
the ​totalamount of ​money that is ​owed by a country's ​government
(Definition of national debt from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"national debt" in Business English

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national debtnoun [S]

uk   us   (also national deficit, also US public debt, also US public deficit) ECONOMICS
the ​totalamount that is ​owed by a country's ​government because it has ​spent more than it has taken in ​taxes, etc.: The ​nationaldebt is now ​equivalent to the country's ​annualGDP.cut/pay down/reduce the national debt The Finance Ministry ​aims to ​pay down the ​nationaldebt by ​selling its ​stake in the ​energyindustry.
(Definition of national debt from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “national debt”
in Chinese (Simplified) 国债…
in Chinese (Traditional) 國債…
What is the pronunciation of national debt?
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