National Debt: The total debt accumulated by a government through the issue of government bonds, Treasury bills and Treasury notes. The government has to pay interest on its borrowings, and this obligation is one of the major budget items for many governments.

 

Related Words

National Debt: The total debt accumulated by a government through the issue of government bonds, Treasury bills and Treasury notes. The government has to pay interest on its borrowings, and this obligation . . . View Full Definition

Monetize The Debt: Financing the national debt by printing new money, which causes inflation as a result of a larger money supply.

National Forest Management Act (NFMA) Of 1976: P.L. 94-588 (October 22, 1976) largely amended the Forest and Rangeland Renewable Resources Planning Act of 1974, which required a national, strategic planning process for renewable resource . . . View Full Definition

National Forest System (NFS): The 192 million acres administered by the Forest Service for multiple use: comprised of 155 national forests (in 117 units) with 187 million acres, 20 national grasslands with 4 million acre . . . View Full Definition

National Forest: Originally, forest reserves, established by Presidential proclamation mostly between 1891 and 1909. Today, the boundaries of the 155 national forests cannot be modified without congressional . . . View Full Definition

National Foundation For Consumer Credit: A nonprofit organization that seeks to help consumers who have taken on too much debt by helping them work out payment plans and supplying credit counseling.

National Futures Association (NFA): The futures industry self-regulatory organization established in 1982.

National Football League (NFL): The largest professional American football league, with 32 teams.

National Estuary Program: A program established under the Clean Water Act Amendments of 1987 to develop and implement conservation and management plans for protecting estuaries and restoring and maintaining their che . . . View Full Definition

National Early Warning System: A program run by the Centers for Disease Control to increase federal support to state health departments to detect food borne diseases by increasing the number of scientists available to inv . . . View Full Definition