Definitions for "National Debt"
The amount owed by the government. The national debt reflects the accumulated...
Although this term looks like it should mean the amount that a country owes to foreigners, in practice it is used instead to refer to the amount that a nation's government owes to anybody, including its own citizens. Thus it is the total of a national government's outstanding government bonds.
the total amount that the national government owes.
something we need not concern ourselves with until the Chinese Communists, the Arab Sheiks, the Russian Mafia, and the German Neo-Nazis end up owning most of what used to be the USA.
Keywords:  blessing
a national blessing
Keywords:  gross, liabilities, fund, loans
the gross liabilities of the National Loans Fund.
Keywords:  bond
a national bond