Definition of national debt
: the total amount of money that the government of a country owes to companies, countries, etc.
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national
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: of or relating to a nation
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: nationalist
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: comprising or characteristic of a nationality
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: one that owes allegiance to or is under the protection of a nation without regard to the more formal status of citizen or subject
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: a competition that is national in scope
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debt
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: sin, trespass
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: something owed : obligation
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: a state of being under obligation to pay or repay someone or something in return for something received : a state of owing
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