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DEBT
The total amount owed by governments to lenders who have bought bonds and Treasury bills sold by government to cover past deficits and operating expenses. A substantial portion of Canadian government debt is now held by investors outside of the country.

Last updated 2002--0-9-


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Athabaca University ICAAP

© Robert Drislane, Ph.D. and Gary Parkinson, Ph.D.
The online version of this dictionary is a product of
Athabasca University and
ICAAP

*This social science dictionary has 1000
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science and women's study with a commitment to Canadian examples and
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