The Gallatin Election Day Battle took place on 6 August 1838, when about 200 people attempted to forcibly prevent Mormons from voting in the newly created county's first election. The skirmish is often cited as the opening event of the 1838 Mormon War.
Wiktionary(0.00 / 0 votes)Rate this definition: sovereign debt(Noun) The amount of money outstanding that was borrowed by a government in order to finance expenditure not covered by taxation.
Revolving Debt Explained. Revolving debt is the kind of debt that credit cards offer and is usually an easy way to get credit. It can be a useful tool when used with discipline. Revolving debt is slightly complicated compared with a typical loan. There is no need to reapply for credit whenever you need more money.