war debt

Military spending owed

War debt is money owed by a government as a result of financing military conflict.

The term usually refers to obligations between nations—loans extended by one country to another during wartime: European war debts to the United States after World War I remained contentious for decades.

War debt may also describe a nation's internal borrowing to fund military operations.

Opposites
fiscal balance

war debtbudget surplus

Revenue exceeding outlays

fiscal surplus · balanced budget · solvency · trade surplus

wartime vs. peacetime economics

war debtpeace dividend

Resources freed by military cuts

economic recovery

financial obligation vs. financial gain

war debtwar profits

Gains from armed conflict

Family

war, debt

Familiarity
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