Definitions for public debt
pub·lic debt

Princeton's WordNetRate this definition:0.0 / 0 votes

1. public debtnoun

   the total of the nation's debts: debts of local and state and national governments; an indicator of how much public spending is financed by borrowing instead of taxation

WikipediaRate this definition:0.0 / 0 votes

1. public debt

   A country's gross government debt (also called public debt, or sovereign debt) is the financial liabilities of the government sector.: 81  Changes in government debt over time reflect primarily borrowing due to past government deficits. A deficit occurs when a government's expenditures exceed revenues.: 79–82  Government debt may be owed to domestic residents, as well as to foreign residents. If owed to foreign residents, that quantity is included in the country's external debt.In 2020, the value of government debt worldwide was $87.4 US trillion, or 99% measured as a share of gross domestic product (GDP). Government debt accounted for almost 40% of all debt (which includes corporate and household debt), the highest share since the 1960s. The rise in government debt since 2007 is largely attributable to the global financial crisis of 2007–2008, and the COVID-19 pandemic.The ability of government to issue debt has been central to state formation and to state building. Public debt has been linked to the rise of democracy, private financial markets, and modern economic growth.

ChatGPTRate this definition:0.0 / 0 votes

1. public debt

   Public debt, also known as government debt or national debt, refers to the total amount of money that the government of a country owes to its creditors, which can be either internal (domestic entities) or external (foreign entities). This debt is generally the result of the government borrowing funds to cover budget deficits, finance public projects, or stimulate economic growth. The debt is usually owed in the form of government bonds, securities, loans, or promissory notes.

Matched Categories

1. • Debt

How to pronounce public debt?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say public debt in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of public debt in Chaldean Numerology is: 2

2. Pythagorean Numerology

   The numerical value of public debt in Pythagorean Numerology is: 4

Examples of public debt in a Sentence

1. Polish Finance Minister Mateusz Szczurek:

   The level of rates currently suggests we are in this for the long haul, certainly for a generation, certainly more than a decade, looking at Japan, a big part of the slowdown was demographics. But in Japan the growth of public debt was there to compensate - is Europe prepared for that? I don't know.

2. Sahap Kavcioglu:

   That might not be a problem now given that Turkey's public finances are relatively strong — public debt is low at around 40 % of GDP — but it would cause the public debt dynamics to worsen.

3. Minneapolis Fed President Narayana Kocherlakota:

   I want to be clear at the outset that I am not saying that it is appropriate for fiscal policymakers to increase the long-run level of public debt, i am simply pointing to one benefit associated with such an increase: It allows the central bank to be more effective in mitigating the impact of adverse shocks to aggregate demand.

4. Minneapolis Fed President Narayana Kocherlakota:

   Given these costs, I anticipate that monetary policy will be insufficiently accommodative during periods at the nominal interest rate lower bound, which will lead the economy to undershoot the (Fed)’s inflation and employment objectives, fiscal policymakers can mitigate this risk by choosing to maintain higher levels of public debt than markets currently anticipate.

5. Carl Tricoli:

   This is an environment that private equity thrives in, the public equity markets are shut down, the public debt markets are shut down and companies' cash flows are going to be less, so they are going to need capital from somewhere.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=public debt
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Public_Debt
3. ^ ChatGPT
   https://chat.openai.com