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LSDefine

Simple English definitions for legal terms

national debt

Read a random definition: Multiple Listing Service

A quick definition of national debt:

National Debt: The amount of money that the government owes to others, including other countries and people who have bought government bonds. It's like a big credit card bill that the government has to pay back over time.

A more thorough explanation:

Definition: The national debt is the total amount of money that the federal government owes to its creditors. This includes Treasury bills, notes, and bonds, as well as foreign debt.

Example: The current national debt of the United States is over $28 trillion. This means that the government has borrowed this amount of money from various sources, including individuals, banks, and foreign countries.

Explanation: The example illustrates the definition by showing that the national debt is the total amount of money that the government owes to its creditors. The national debt is a result of the government borrowing money to fund its operations, such as infrastructure projects, social programs, and military spending. The government issues Treasury bills, notes, and bonds to borrow money from individuals and institutions, and it also borrows money from foreign countries. The national debt is a significant economic indicator that affects the country's financial stability and future generations' ability to pay off the debt.

National Daily Quotation Service | national defense

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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