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. Prime Minister Aleksandar Vucic:

   One fifth of the debt we will pay immediately while the remainder will be taken over as public debt and will be paid in five instalments during the period 2016 to 2018.

2. Croatian Prime Minister-designate Tihomir Oreskovic:

   We all know that our (public) debt is at a worrying level of around 90 percent of gross domestic product. My goal is to talk to investors and share ideas on how to tame the debt and achieve better credit rating.

3. Prime Minister Edouard Philippe:

   My objective is not to increase indefinitely the public debt. It is to give our hospitals some room for maneuver.

4. Hun Sen:

   Cambodia has not only been able to plan this project for the benefit of the people but also achieve financial engineering that does not increase public debt to the state.

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