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 usually refers to credit card debt. This is debt that changes from month to month as people make purchases and make payments. It is therefore differentiated from the type of debt people have when they borrow a defined amount of money at a given time like for a personal loan or to buy a car or a house.