Government Borrowing
/ˈɡʌvərnmənt ˈbɒrəʊɪŋ/
Definitions
- (n.) The process by which a government raises funds to meet expenditure by issuing debt instruments or borrowing from financial markets or institutions.
Government borrowing increased significantly during the fiscal crisis to fund stimulus programs.
Forms
- government borrowing
Related terms
See also
Commentary
Government borrowing is a key fiscal tool and should be clearly distinguished from general borrowing, focusing on sovereign or public entities rather than private actors.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.