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Definitions from WordNet

Definitions from the Web

National Debt

Description:

The national debt refers to the total amount of money owed by a government due to continuous deficits in its budgetary practices. It represents the accumulation of past borrowing and indicates the level of financial obligations a country has yet to repay.

Sample sentences:

Noun - Economic:

1. The national debt of our country has reached an all-time high.
2. Efforts to reduce the national debt have been met with resistance by certain political factions.

Noun - Political:

1. The opposition party criticized the government for its inability to manage the national debt.
2. The presidential candidate pledged to tackle the national debt and improve the country's financial situation.

Noun - Country Specific (Local):

1. The national debt of Canada stands at a staggering amount.
2. As citizens, it's crucial that we understand the implications of our country's national debt.

Related products: You can find books, articles, and studies about national debt on:

• Amazon - National Debt (Economics)
• Amazon - National Debt (Politics)
• Amazon - Canada National Debt