Etymology & Historical Origin - Millicent. Millicent is a name adopted by the English from the Norman-French after the Conquest of 1066. Introduced as Milisende, the Old French (Frankish) form of the Germanic Amalswinthe, the name is ultimately derived from the elements âamalâ meaning âwork, laborâ and âswinthâ meaning âstrengthâ.
Debt Issue. What is a 'Debt Issue'. A debt issue is a fixed corporate or government obligation, such as a bond or debenture. A debt issue is a financial obligation that allows the issuer to raise funds by promising to repay the lender at a certain point in the future and in accordance with the terms of the contract.
The term national debt refers to direct liabilities of the United States Government. There are several different concepts of debt that are at various times used to refer to the national debt: Public debt is defined as public debt securities issued by the U.S. Treasury. U. S. Treasury securities primarily consist of marketable Treasury securities (i.e., bills, notes and bonds), savings bonds and special securities issued to state and local governments. A portion is debt held by the public and a portion is debt held by government accounts. Debt held by the public excludes the portion of the debt that is held by government accounts. Gross federal debt is made up of public debt securities and a small amount of securities issued by government agencies.