Words / S / Business

sovereign

adjective/ˈsɒvrɪn/

B2CEFR level
50/100Rarity: uncommon
TechnicalRegister

Relating to a national government as a borrower or issuer of debt.

Fears of a sovereign default sent yields on the country's bonds soaring.

Topic: Economics in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Economics