public borrowing
noun[U]
ukusECONOMICS,FINANCE,GOVERNMENT
thetotalamountthat agovernmentborrows, or theactofborrowingthismoney:
The Treasury iskeentoreducegovernmentborrowingquickly.
Thegovernmenthas beenforcedto rely onpublicborrowingtofinanceaseriesof stimulativemeasures.
Compare
national debt