funded debt
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noun
a debt, as in the form of bonds, having a long period of maturity.
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Origin of funded debt
First recorded in 1810–20
Words nearby funded debt
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021
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British Dictionary definitions for funded debt
funded debt
noun
the part of the national debt, consisting mostly of consols, that the government has no obligation to repay by a specified date
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
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