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national debt

national debt

65 3.7
All the money a country's government owes to others
  • noun
  • /ˈnæʃənl dɛt/
translation icon : deuda pública
  • For one, the national debt continues to skyrocket.
  • interest on the national debt
  • increase in the national debt
  • service the national debt

For one, the national debt continues to skyrocket.

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Examples

  • The problem was compounded by a burgeoning national debt of $3 trillion.

    Academic text (1992)
  • Third, we will make sure our national debt is falling so that we can secure the future of public services.

  • Under President Obama, the national debt would double.

  • And so is the almost $80 billion we will pay in interest this year on the national debt.

  • The last president managed to rack up six trillion in national debt in two terms.

    Blog text (4)
  • To achieve a sustainable path, Greece must start reducing the ratio of its national debt to GDP.

    Academic text (2012)
  • At the end of the last administration, our national debt amounted to three trillion dollars.

    Academic text (1990)
  • Controlling the deficit and reducing the national debt will require sacrifices from everyone.

    Blog text (6)
  • The result was a global recession, which cost the world tens of trillions of dollars, rendered 30 million people unemployed and doubled the national debt of the United States.

  • Many citizens are worried about the increasing national debt and its impact on future generations.

Synonyms

debt
vsnational debt
2.6

An amount of money that you owe to someone

refers specifically to money the central government owes to creditors
public debt
vsnational debt
  • Specialized
10 3.9

All the money a government has borrowed

is only the amount the central government owes to external creditors

Surface Forms

national debt singular

Morphology

national + debt

The meaning 'the total amount a country's government owes' is transparently derived from combining 'national' (relating to the country) with 'debt' (money owed); the modifier-head composition directly indicates whose debt it is. This is a straightforward, cross-linguistic compositional pattern, so a B1 learner who knows both words will readily understand the phrase.

Etymology

National debt is a simple image: think of a very large household bill for the whole country. The word debt means money you 'owe' and national shows it belongs to the nation because the government borrowed money with 'IOUs', so the phrase means the total money a country must pay back.