Definition of sovereign debt in English:

sovereign debt

Line breaks: sov|er¦eign debt

noun

The amount of money that a country’s government has borrowed, typically issued as bonds denominated in a reserve currency: the anxieties about sovereign debt have been most acute in Europe
More example sentences
  • On highly liquid assets, such as sovereign debt, prices are freely available and monitoring for margin calls is relatively straightforward.
  • Sovereign debt for the group amounted to 30 per cent of GDP in 1986, partly because the rescheduling process involved provision of additional loans to prevent default.
  • Since then, Argentina has defaulted on the biggest sovereign debt in history and the country has experienced its worst political unrest in a decade.

Definition of sovereign debt in:

Get more from Oxford Dictionaries

Subscribe to remove ads and access premium resources

Word of the day demoralize
Pronunciation: dəˈmôrəˌlīz
verb
cause (someone) to lose confidence or hope; dispirit