Meaning of the word "public debt" in English
What does "public debt" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
public debt
US /ˌpʌb.lɪk ˈdet/
UK /ˌpʌb.lɪk ˈdet/
Noun
1.
the total amount of money that a country's government has borrowed, by selling bonds or other securities
Example:
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The nation's public debt has reached an unprecedented level.
•
Reducing the public debt is a major challenge for the new administration.
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