English Lexicon

National Debt

/ˈnæʃ.ən.əl dɛt/
nounCEFR B2 (Upper)Top #1500 frequency
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Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    The total amount of money that a government owes to creditors.

    "The national debt has increased significantly due to recent government spending."
  2. 2

    The accumulation of past deficits, which is the result of government borrowing.

    "Managing the national debt is a critical issue for policymakers."

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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

The term 'national debt' combines 'national', derived from the Latin 'natio' meaning 'birth' or 'race', and 'debt', from the Latin 'debitum', meaning 'something owed'. The phrase has evolved to refer specifically to the total amount of money that a country's government has borrowed.

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