national debt
National debt refers to the total amount of money that a government owes to creditors, including individuals, businesses, and foreign entities. It represents the accumulation of deficits arising from government spending exceeding revenue over time.
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Related Concepts (31)
- austerity measures
- bond markets
- budget deficit
- budget deficits
- budget surplus
- debt accumulation
- debt burden
- debt ceiling
- debt dynamics
- debt monetization
- debt restructuring
- debt servicing
- debt sustainability
- debt-to-gdp ratio
- deficit financing
- deficit spending
- economic stability
- fiscal deficit
- fiscal policy
- government borrowing
- government debt
- government spending
- government spending cuts
- interest payments on debt
- national borrowing
- outstanding government securities
- public debt
- public debt management
- sovereign credit ratings
- sovereign debt
- sovereign debt crisis