What does domestic debt mean?
Definitions for domestic debt
do·mes·tic debt
This dictionary definitions page includes all the possible meanings, example usage and translations of the word domestic debt.
Wiktionary
domestic debtnoun
debt owed to creditors resident in the same country as the debtor
Wikipedia
domestic debt
In public finance, internal debt or domestic debt is the component of the total government debt in a country that is owed to lenders within the country. Internal government debt is complement is external government debt. The main sources of funds for internal debts are commercial banks and other financial institutions. Internal public debt owed by a government (money a government borrows from its citizens) is part of the country's national debt. It is a form of fiat creation of money, in which the government obtains finance not by creating it de novo, but by borrowing it. The money created is in the form of treasury securities or securities borrowed from the central bank. These may be traded but will only rarely be spent on goods and services. In this way, the expected increase in inflation due to the increase in national wealth is lower than if the government had simply created the money de novo and increased the more liquid forms of wealth (i.e., the money supply).
Numerology
Chaldean Numerology
The numerical value of domestic debt in Chaldean Numerology is: 1
Pythagorean Numerology
The numerical value of domestic debt in Pythagorean Numerology is: 2
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"domestic debt." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/domestic+debt>.
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