Usually means: Borrowing by national governments globally.
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We found 8 dictionaries that define the word sovereign debt:

General (5 matching dictionaries)
  1. sovereign debt: Longman Dictionary of Contemporary English
  2. sovereign debt: Oxford Learner's Dictionaries
  3. sovereign-debt: Wordnik
  4. sovereign debt: Wiktionary
  5. Sovereign debt: Wikipedia, the Free Encyclopedia

Business (3 matching dictionaries)
  1. INVESTORWORDS (No longer online)
  2. Sovereign debt: Moneyterms
  3. BusinessDictionary.com (No longer online)

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Definitions from Wiktionary (sovereign debt)

▸ noun:  (economics) The amount of money outstanding that was borrowed by a government in order to finance expenditure not covered by taxation.

Similar:
national debt, foreign debt, sovereign bond, indebtedness, debt, domestic debt, government debt, debt ceiling, public debt, debt burden, more...

Opposite:
private debt, corporate debt, consumer debt

▸ Words similar to sovereign debt

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▸ Rhymes of sovereign debt

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Similar:
national debt, foreign debt, sovereign bond, indebtedness, debt, domestic debt, government debt, debt ceiling, public debt, debt burden, more...

Opposite:
private debt, corporate debt, consumer debt



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