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Meaning of PUBLIC DEBT
Pronunciation:
'publik det
WordNet Dictionary
Definition:
[n]
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
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See Also:
debt
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