Akademik

public borrowing
public borrowing UK US noun [U]
ECONOMICS, FINANCE, GOVERNMENT the total amount that a government borrows, or the act of borrowing this money: »

The Treasury is keen to reduce government borrowing quickly.

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The government has been forced to rely on public borrowing to finance a series of stimulative measures.

Compare NATIONAL DEBT(Cf. ↑national debt)

Financial and business terms. 2012.