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unfunded debt

British  
/ ʌnˈfʌndɪd /

noun

  1. a short-term floating debt not represented by bonds

"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

Example Sentences

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The new law calls for sweeping changes to pay off the pension’s $32 billion unfunded debt within 30 years.

From Seattle Times Jun. 4, 2018

It has a $32 billion unfunded debt by one accounting measure, $50 billion by another.

From Seattle Times May 11, 2018

It’s expected to cut public sector retiree benefits and increase contributions to pay off the unfunded debt.

From Washington Times May 9, 2018

Among them is stated the unfunded debt, 9,975,017l., supposed to carry interest on a medium at 3 per cent, which amounts to 299,250l.

From The Works of the Right Honourable Edmund Burke, Vol. 01 (of 12) by Burke, Edmund

The unfunded debt has been stated at L.13,927,589 : 2 : 2.

From An Inquiry Into the Nature and Causes of the Wealth of Nations by Garnier, Germain

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