🇰🇷Korean Source WordCode: KO

주권 채무

Pronunciation / Transliteration: jugwon chaemu

🇬🇧 Direct English Meaning:
Sovereign Debt/ˈsɒv.ər.ɪn dɛt/
nounCEFR C1 (Advanced)Top #1500 frequency
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🇰🇷 Example Sentence in Korean:

"그 나라의 주권 채무는 전례 없는 수준에 도달했습니다."

Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

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

    "The country's sovereign debt has reached unprecedented levels, raising concerns about its economic stability."
  2. 2

    Debt issued by a national government in the form of bonds or other securities.

    "Investors are closely monitoring the sovereign debt market for signs of default."

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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

The term 'sovereign' originates from the Latin 'superanus', meaning 'above' or 'supreme', which evolved through Old French into Middle English. 'Debt' comes from the Latin 'debitum', meaning 'something owed', which has been used in English since the 14th century. The combination reflects the financial obligations of a sovereign state.

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