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From Longman Dictionary of Contemporary EnglishPSBRPSBR /ˌpiː es biː ˈɑː $ -ˈɑːr/  Public Sector Borrowing RequirementFrom Longman Business DictionaryPSBRPSBR noun [singular] ECONOMICS public sector borrowing requirement; the amount that a government has to borrow in a particular period of time to cover the difference between the money it gets from taxes and the amount it spendsIn Britain in recent years, the PSBR has been lower than the financial deficit because of the proceeds from privatisation (=the income from the sale of previously government-owned companies).

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