sovereign debt
The amount of money outstanding that was borrowed by a government in order to finance…The amount of money outstanding that was borrowed by a government in order to finance expenditure not covered by taxation.
» Belize faces continued pressure from rising sovereign debt and a growing trade imbalance.
The_World_Factbook · Tatoeba · CC BY 2.0 FRMeaning
1 senses(countable, uncountable)The amount of money outstanding that was borrowed by a government in order to finance expenditure not covered by taxation.
Examples
2 sentencesBelize faces continued pressure from rising sovereign debt and a growing trade imbalance.
Typically, sovereign debt issued by a major industrialized nation is viewed as a very safe asset.
Forms
plural: sovereign debts| Singular | sovereign debt |
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| Plural | sovereign debts |
regular
Synonyms
3 synonymsLessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable
See also
neighbours in the dictionaryDictionary text adapted from Wiktionary (Wiktionary contributors, CC BY-SA 4.0) and Open English WordNet / Princeton WordNet (CC BY 4.0, WordNet License); shared under CC BY-SA 4.0. Example sentences and recordings are credited where they appear.