ազգային պարտք

ազգային պարտք

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.

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Part of Speech: noun
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Blossary:
Industry/Domain: Economy
Category: International economics
Company: University of Michigan
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