unfunded debt


Also found in: Financial.

unfunded debt

n
(Banking & Finance) a short-term floating debt not represented by bonds
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References in periodicals archive ?
A string of presidents and congresses have shown their compassion for America's aged (and, incidentally, for their own incumbency) by creating an actuarially unfunded debt of $6 trillion, give or take a trillion.
5bn include funded and unfunded debt with the funded portion, made up of both conventional and Islamic facilities, being about $2.
7837,380 million and unfunded debt has touched the figure of 1797338 million to the end of last financial year 2011-12.
Unfunded debt comprising National Savings Schemes, or NSS, till July 2009, went up by Rs274.
During this one year period, the unfunded debt comprising national savings schemes (NSS) till July 2009 went up by Rs274.
Moreover, the long-term unfunded debt of Medicare and Social Security totals over $50 Trillion.
District Superintendent Roy Romer said he recognizes Lansing's efforts, but has been working to address unfunded debt in phases.
Bill Balhoff, partner of Postlethwaite & Netterville in Baton Rouge, Louisiana, says, "The longer you spend not dealing with retirement, the more your unfunded debt builds up.