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National debt   /nˈæʃənəl dɛt/   Listen
National debt

noun
1.
The debt of the national government (as distinguished from the debts of individuals and businesses and political subdivisions).



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"National debt" Quotes from Famous Books



... had been settled according to the rules of Westminster Hall, if the maxims of conveyancers had been applied to the titles by which flourishing cities and provinces are held, or the maxims of the law merchant to those promissory notes which are the securities for a great National Debt, raised for the purpose of exterminating the ...
— The Miscellaneous Writings and Speeches of Lord Macaulay, Vol. 4 (of 4) - Lord Macaulay's Speeches • Thomas Babington Macaulay

... eighteenth century in Ireland, coinciding as they did with the achievement of Parliamentary independence, witnessed in that country a remarkable growth of national prosperity. Up to the year 1795 the taxation of the country never exceeded one and a half millions of pounds, and the National Debt was not more than one million. In the succeeding years the French war and the rebellion of '98 swelled the expenditure, as did the maintenance of an armed force in the country, which was the corollary ...
— Ireland and the Home Rule Movement • Michael F. J. McDonnell

... advance, in spite of anything and everything, it is no easy matter to stop them, and he who was foremost among the military would as soon thought of hesitating to ascend the narrow staircase before him, when ordered so to do, as paying the national debt. On he went, and down came a great chest, which, falling against his feet, knocked him down as he attempted ...
— Varney the Vampire - Or the Feast of Blood • Thomas Preskett Prest

... give you twenty if you'll pay me at once;" added Mr Ireton—knowing very well that his victim could as easily have paid off the national debt. ...
— Blackwoods Edinburgh Magazine, Volume 59, No. 365, March, 1846 • Various

... which may be produced, the offence is of a higher description. The persons who must be necessarily injured in a case of that kind, are various; the common bona fide purchaser who invests his money—the public, through the commissioners for the redemption of the national debt—the persons whose affairs are under the care of the Court of Chancery, and whose money is laid out by the Accountant General, all these may be injured by a temporary rise of the public funds, growing out of a conspiracy of this kind; and, Gentlemen, this is no imaginary statement of mine, ...
— The Trial of Charles Random de Berenger, Sir Thomas Cochrane, • William Brodie Gurney


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