floating debt
Britishnoun
Example Sentences
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Mr. Lamont began by recalling that since the advent of Fascismo unemployment has been wiped out in Italy, the floating debt reduced and the budget balanced.
From Time Magazine Archive
On March 31, her floating debt amounted to 7,641 billion; the last Reichsbank statement showed a note circulation of 5,642 billion.
From Time Magazine Archive
French banks turned over their British and American securities to the Bank of France, which announced its intention of consolidating the present floating debt of 70 billion francs.
From Time Magazine Archive
All budgetary expenses were met; more than $1,000,000 was paid on the floating debt; more than $400,000 remained in the treasury at the end of the year.
From Time Magazine Archive
Pitt raised the loans necessary to meet the yawning deficit and to minimize the floating debt, and he astonished his world by introducing the amazing elements of absolute honesty and admirable publicity into the transaction.
From A History of the Four Georges and of William IV, Volume III by Justin McCarthy
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