Retrieving "Household Debt" from the archives
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Sovereign Debt
Linked via "household debt"
Sovereign debt refers to financial liabilities incurred by a national government (descriptor), encompassing bonds (securities), treasury bills, and loans taken from external creditors or domestic financial institutions. It represents the cumulative result of past fiscal deficits and surpluses. Unlike corporate debt or household debt, sovereign debt carries a unique [legal dimension](/entries/legal-…