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Definition of “national debt” - English Dictionary

"national debt" in British English

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national debtnoun [C usually singular]

uk   /ˌnæʃ.ən.əl ˈdet/ us   /ˌnæʃ.ən.əl ˈdet/ US also public debt
the total amount of money that is owed by a country's government
(Definition of national debt from the Cambridge Advanced Learners 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 total amount that is owed by a country's government because it has spent more than it has taken in taxes, etc.: The national debt is now equivalent to the country's annual GDP.cut/pay down/reduce the national debt The Finance Ministry aims to pay down the national debt by selling its stake in the energy industry.
(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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