Definitions for public debt
ADVERTISEMENT
Random House Webster's College Dictionary
pub′lic debt′(n.)
Category: Government
Ref: national debt.
Origin of public debt:
1715–25
Princeton's WordNet
public debt(noun)
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
Citation
Use the citation below to add this definition to your bibliography:
"public debt." Definitions.net. STANDS4 LLC, 2013. Web. 19 May 2013. <http://www.definitions.net/definition/public debt>.