Government debts, or public debt, is the total amount of money owed by a government to its creditors. This can include loans, bonds, and other forms of borrowing. Some synonyms for government debts include national debt, sovereign debt, state debt, and public borrowing. The term sovereign debt is often used to refer to the debts of a country, while national debt specifically refers to the debts of a nation. State debt is used to describe the debts of individual states within a country. Public borrowing encompasses all the ways in which a government may raise funds, including borrowing from individuals, organizations, and foreign countries.