Meaning of the word "Government Debt" in English
What does "Government Debt" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
Government Debt
US /ˈɡʌvərnmənt dɛt/
UK /ˈɡʌvənmənt dɛt/
Noun
the total amount of money that a country's government has borrowed, by issuing bonds or other securities, to finance its spending
Example:
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The country's government debt has reached an all-time high.
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Reducing the national government debt is a key policy goal.
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