debt burden

noun

noun

The debt of a country or subdivision, when large enough that servicing it has become difficult.

According to Table V, Michigan's local government debt burden is below the average for the country. The index of debt burden¹⁸ for Michigan was 52.2 in 1949 and had declined to 47.2 in 1954.1960, Alfred L. Edwards, A Study of Local Government Debt in Michigan (Technical study), →LCCN, →OCLC, page 9:

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.