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funded debt |
Also found in: Financial | 0.04 sec. |
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funded debt n (Economics, Accounting & Finance / Banking & Finance) the part of the national debt, consisting mostly of consols, that the government has no obligation to repay by a specified date How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Including unsecured revolving bank debt, unsecured debt currently represents 34% of overall funded debt. Including unsecured revolving bank debt, unsecured debt currently represents 34% of overall funded debt. Pascack maintains a fully funded debt service reserve fund in the amount of approximately $8 million. |
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