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National Debt

The sum of all previously incurred annual federal deficits. Since the deficits are financed by government borrowing, national Debt is equal to all government Debt outstanding.

Related Terms: 9 Borrow, Debt, Finance, Fed, FIN, Inc., ITS, National Debt, Outstanding
Other Related Pages: Category: Economy Starting With: N
Semi Related Terms: 444 CLICK HERE TO VIEW
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