public finances
/ˈpʌblɪk ˈfaɪnænsɪz/ · pub·lic fi·nan·ces
noun
- The total revenue, expenditures, debt and overall monetary resources of a government or public sector. The auditor's report highlighted the strengths and weaknesses of the nation's public finances.
- The field of study concerned with how governments raise, allocate, and manage money. He enrolled in a master's program in public finances to learn about fiscal policy.
Synonyms
government financesstate financespublic fundsfiscal affairsbudgetary matterspublic budgetingnational financespublic treasury
Antonyms
Did you know? The term 'public finances' became common after the French Revolution, when modern state budgeting and fiscal accountability emerged as central political concerns.