borrowing

借金　—　Institutions

Taking money on a promise to return it.

Écu of Louis XVI1783 Six-livre écu (constitutional monarchy type)1792

The everyday word for debt. ⚠ National debt has different aspects from personal debt. If a country borrows in its own currency, the option to print money to repay it theoretically remains. However, this is the same as repaying by devaluing the currency.