Definition of Government debt:
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.
How to use Government debt in a sentence?
- The government debt was an attractive investment as we would feel good about lending to our government at a risk free rate as well.
- 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.
- When Tracy learned the true value of the government debt in her country, she nearly fell out of her chair in shock.
Meaning of Government debt & Government debt Definition