Debt burden

noun

noun ·Rare ·Advanced level

Definitions

Noun
  1. 1
    The debt of a country or subdivision, when large enough that servicing it has become difficult.

    "According to Table V, Michigan's local government debt burden is below the average for the country. The index of debt burden¹⁸ for Michigan was 52.2 in 1949 and had declined to 47.2 in 1954."

Synonyms

All synonyms
city debtmunicipal debt

Example

More examples

"According to Table V, Michigan's local government debt burden is below the average for the country. The index of debt burden¹⁸ for Michigan was 52.2 in 1949 and had declined to 47.2 in 1954."

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