What does government debt mean?
Definitions for government debt
gov·ern·ment debt
This dictionary definitions page includes all the possible meanings, example usage and translations of the word government debt.
Wikipedia
Government debt
Government debt, also known as public interest, public debt, national debt and sovereign debt, contrasts to the annual government budget deficit, which is a flow variable that equals the difference between government receipts and spending in a single year. The debt is a stock variable, measured at a specific point in time, and it is the accumulation of all prior deficits. Government debt can be categorized as internal debt (owed to lenders within the country) and external debt (owed to foreign lenders). Another common division of government debt is by duration until repayment is due. Short term debt is generally considered to be for one year or less, and long term debt is for more than ten years. Medium term debt falls between these two boundaries. A broader definition of government debt may consider all government liabilities, including future pension payments and payments for goods and services which the government has contracted but not yet paid. Governments create debt by issuing government bonds and bills. Less creditworthy countries sometimes borrow directly from a supranational organization (e.g. the World Bank) or international financial institutions. In a monetarily sovereign country such as the United States of America, the United Kingdom and most other countries, government debt held in the home currency are merely savings accounts held at the central bank. In this way this "debt" has a very different meaning to the debt acquired by households who are restricted by their income. Monetarily sovereign governments issue their own currencies and do not need this income to finance spending. A central government with its own currency can pay for its nominal spending by creating money ex novo, although typical arrangements leave money creation to central banks. In this instance, a government issues securities to the public not to raise funds, but instead to remove excess bank reserves (caused by government spending that is higher than tax receipts) and '...create a shortage of reserves in the market so that the system as a whole must come to the [central] Bank for liquidity.'
Numerology
Chaldean Numerology
The numerical value of government debt in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of government debt in Pythagorean Numerology is: 2
Examples of government debt in a Sentence
Compared with government debt, these assets have low trading volume and low liquidity, so BOJ purchases stand a high chance of distorting these markets, prices would have an upward bias, so even if the BOJ bought at market rates, this would be considered close to helicopter money.
Corporations have deleveraged significantly since the financial crisis, so investment-grade debt can look fairly attractive to investors right now because it offers an incremental yield over most government debt.
We will see a huge negative net supply in July -- around 120 billion euros -- and that will bring relief to prices of euro zone government debt.
It could be different this time, when Chuck Carlson've got $ 15 trillion in global government debt at negative yields, that's a new animal.
The best-case scenario for the market is that the BOJ decides to increase government debt purchases without cutting interest rates further into negative territory, but the BOJ can't save its face if it does not cut rates into negative territory after it introduced the negative interest rate policy (in January), so we need to brace for such possibility, too.
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"government debt." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/government+debt>.
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