floating debt

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noun

short-term government borrowing, esp by the issue of three-month Treasury bills

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His boss, whom he admires, is waiting to meet with him about the big project.

His boss, who he admires, is waiting to meet with him about the big project.

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Words nearby floating debt

float glass, floatie, floating, floating assets, floating charge, floating debt, floating dock, floating exchange rate, floating foundation, floating gang, floating heart

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

How to use floating debt in a sentence

The floating debt of Treasury notes and temporary loans will soon be entirely discharged.
A Compilation of the Messages and Papers of the Presidents|Edited by James D. Richardson
And, of course, there was no such thing as public credit, although there was an immense floating debt.
Abridgement of the Debates of Congress, from 1789 to 1856 (4 of 16 vol.)|Various
And in addition each county and town had a large floating debt in scrip or local obligations.
Civil War and Reconstruction in Alabama|Walter L. Fleming
There is no floating debt, and the bonded debt is limited by the State Constitution to seven per cent.
Atlanta|Atlanta Chamber of Commerce

Yet the Government entered on its second year without a floating debt and with its credit unimpaired.
The Rise and Fall of the Confederate Government, Vol. 1 (of 2)|Jefferson Davis