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.
What Is Sovereign Debt? Definition: Sovereign debt is how much a country's government owes. It means the same thing as national debt, country debt or government debt because the word sovereign also means national government. It often refers to how much the country owes to outside creditors, which is why it is often used interchangeably with public debt. Sovereign debt is an accumulation of a government's annual deficits. Therefore, it shows how much more a government spends than it receives in revenue over time. Governments usually finance their debt through bonds, such as U.S. Treasury notes. These bonds have terms from three months to 30 years.