national debt vs nation debt

The correct phrase is 'national debt'. 'Nation debt' is not a commonly used phrase in English. 'National debt' refers to the total amount of money that a government owes to its creditors.

Last updated: March 22, 2024 • 511 views

national debt

This phrase is correct and commonly used in English.

Use 'national debt' to refer to the total amount of money that a government owes to its creditors.

Examples:

The national debt of the country has been increasing steadily over the years.
Reducing the national debt is a major challenge for the government.

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Under President Obama, the national debt would double.
We are also of the opinion that a further reduction in the burden and reducing the national debt should be prioritised.
Our level of national debt is unsustainable.
Four dollars per is mounting like the national debt.
Instead, the task of the Member States must be to cut back on unnecessary expenditure, in order to curb national debt and achieve stability.
Twice the national debt, I'm afraid.
Crucial to these discrepancies is the manner in which national debt is calculated.
An alarming number of Member States have high levels of national debt.
Global warming, acid rain, the national debt...
Here is a chart to the US national debt for the same period.
Subject: Greece, the euro and calculation of national debt
Take a complex issue like interest rate trends or the dismantling of excessive national debt.
Otherwise, we would only have high inflation and massive increases in the mountain of national debt.
Some of the Member States, however, have not capitalised sufficiently on these favourable economic conditions to reduce their public deficits and their national debt.
A limited deficit of 3% means that the national debt is continually decreasing as a percentage of GDP.
Less than a third of the Greek national debt is secured by Credit Default Swaps.
Member States shall report to the Commission and the Eurogroup, ex ante and in a timely manner, on their national debt issuance plans.
Innovation does not simply mean inventing new taxes or re-labelling what has always been there, such as national debt.
And now, on top of that national debt, we are expected to contribute to these European recovery programmes.
That's why the solution does not lie in discussing the size of the national debt rather it lies in reforming our banking system.

Alternatives:

government debt
public debt
sovereign debt
fiscal deficit
budget deficit

nation debt

This phrase is not correct in English and is not commonly used.

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We're a debt-laden nation of religious hypocrites.
Your nation owes you a debt of gratitude, Machete.
Everybody has to join in the struggle, fully aware that... either the nation will obliterate the debt, or the debt will obliterate the nation.
Mr De Rossa also called for more action on debt cancellation for the world's least developed nations.
But, equally important, virtually every nation involved in WW-II greatly multiplied their debt.
The nation left chained in massive debts.
The rich nations cannot go on giving development aid to poor nations with one hand, whilst cashing in the interest on these countries' enormous debts.
The key is to reinvest debt repayments in indebted nations to meet those millenium goals for hunger and disease.
Malnutrition, corruption, AIDS, malaria, conflict, illiteracy and suffocating bad debts are crippling the poorer nations of this world.
We are all aware that many developing nations are in a serious financial situation because corruption is adding to the debt problem.
Although the U.S is unwilling to pay its debt to the United Nations it is quite willing to write off arms exports loans.
Today, I think that the African 'Spring of Nations' puts an additional strain on the political debt of President Mugabe.
But this is the very essence of the banking industry to make us all, whether we be nations or individuals slaves to debt.
Many speculators are thus making huge profits from countries affected by wars or natural disasters, such as African nations that are economically depressed due to the enormous debt accumulated.
Beijing or New Delhi cannot be allowed to incite nations that have recently had their debts written off to borrow and create new dependencies merely to secure supplies of raw materials.
We were particularly pleased in this resolution to highlight the decision of Britain and the other G7 countries to cancel their claims on Haiti's international debt and to call on other nations to follow.
Mr President, ladies and gentlemen, the financial crisis, unemployment and the growing State budget deficit and debt constitute the greatest challenges to the nations of Europe today.
So we should take heart from the fact that the far-reaching commitments made by G8 leaders in July to increase aid, to reduce debt and to expand trade have essentially been safeguarded at the United Nations summit.
The world parliamentary forum, held some days ago in Porto Alegre, also recommends, by means of a resolution, that the United Nations establish an international tribunal to combat debt in order to guarantee financing for development.
After this united effort, the world's rich nations, together with the governments of these countries, must draw up a plan for rebuilding this area and go beyond cancelling debts.

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national debt vs nation debt

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