government debt

Related Terms
Aggregate value of bonds and other debt securities issued by a government (or one or more of its authorized agencies) backed by its full faith and credit.

Use 'government debt' in a Sentence

When Tracy learned the true value of the government debt in her country, she nearly fell out of her chair in shock.
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The government debt was an attractive investment as we would feel good about lending to our government at a risk free rate as well.
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It will be interesting to see what happens to Greece because their government debt was allowed to spiral out of control, and now people are worried about them defaulting.
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