Top Definition
(ECONOMICS) debt owned by a national government to all creditors foreign and domestic. Backed by the national government's power to tax.
Even after the International Monetary Fund worked out a bailout for Greece, other sovereign debt crises could still arise in Spain, Portugal, and Italy.
de Abu Yahya 5 mai 2010

E-mail quotidien gratuit

Entrez votre adresse e-mail ci-dessous pour recevoir notre Mot du jour gratuitement tous les matins !

Les e-mails sont envoyés par daily@urbandictionary.com. Nous ne vous enverrons jamais de spam.

×