unfunded debt


Also found in: Financial.

unfunded debt

n
(Banking & Finance) a short-term floating debt not represented by bonds
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Most of the increase in domestic debt came from short term floating debt while net mobilization from permanent debt and unfunded debt remained limited during first nine months of current fiscal year.
Domestic debt comprises permanent debt (medium and long-term), floating debt (short-term) and unfunded debt (primarily made up of various instruments available under the National Savings Schemes).
Table 1 shows gross public income and expenditure for the years 1812-27, with the surplus or deficit; it also shows the funded and unfunded debt outstanding at the start of each year, and the increase in debt during the year.
The unfunded debt which incorporates National Saving Schemes rose by Rs44bn to Rs2,809bn.
Permanent debt, floating debt foreign currency loans, short-term loans unfunded debt formulate the total domestic debt stocks.
Seventeen unfunded debt investments with aggregate unfunded commitments of $120.8 million, one unfunded equity investment with an unfunded commitment of $384 thousand and one unfunded debtor in possession investment with an unfunded commitment of $275 thousand.
"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 $6 trillion, give or take a trillion.
unfunded debt amounting to approximately US$ 4.5 billion, the funded tranche is made up of both conventional and Islamic facilities and equates to
Al Jaber's obligations of around $4.5bn include funded and unfunded debt with the funded portion, made up of both conventional and Islamic facilities, being about $2.5bn, sources said.
There was also up to AED8bn in the form of performance bonds and guarantees, "unfunded debt", but which is also regarded as a financial liability and included in the restructuring talks.
He informed the committee that the country's public debt has reached Rs.12661900 million, external debt Rs.5024519 million, domestic debt Rs.7837,380 million and unfunded debt has touched the figure of 1797338 million to the end of last financial year 2011-12.
Domestic debt includes permanent debt, floating debt and unfunded debt, whereas the external debt consists of medium and long-term, short-term, and private non-guaranteed debt, loans from the IMF and foreign exchange liabilities.