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I.na·tion·al ['næʃənəl] ADJ

II.na·tion·al ['næʃənəl] N

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Usually small states with volatile economies have most of their national debt in foreign currency.
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He used much of these surpluses to pay down the national debt, which shrank from $63 million in 1853 to $25 million in 1857.
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Finally, the government had to continue paying interest on their national debt, another 8%.
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Tanner is strongly in favor of balancing the budget and paying down the national debt.
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Over the course of the 1920s, the national debt was reduced by one third.
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The ratio is higher if the total national debt is used, by adding the intragovernmental debt to the debt held by the public.
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The results of this policy was that gold prices declined and the national debt was reduced.
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Over this period, national debt more than doubled from $749 billion to $1,746 billion.
en.wikipedia.org
The interest alone on the national debt consumed 40 percent of the national revenue between 1790 and 1800.
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In her view, the national debt has grown steeply because of this law.
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