Top Definition
(ECONOMICS) debt owned by a national government to all creditors foreign and domestic. Backed by the national government's power to tax.
Even after the International Monetary Fund worked out a bailout for Greece, other sovereign debt crises could still arise in Spain, Portugal, and Italy.
Por Abu Yahya 05 de mayo de 2010

Correo diario gratis.

Escribe tu dirección de email abajo para recibir nuestra Palabra Urbana del Día gratuita cada mañana

Los emails se envían desde daily@urbandictionary.com. Nunca te enviaremos spam.

×