floating debt

floating debt
1) The part of the national debt that consists primarily of short-term Treasury bills Compare funded debt See also funding operations
2) Short-term borrowing (i. e. for less than one year).
3) Debt with a floating rate of interest.

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  • floating debt — Miscellaneous public debt, like exchequer and treasury bills, as opposed to funded debt, that which has been converted into perpetual annuities like consols in Britain • • • Main Entry: ↑debt floating debt noun (economics) (an) unfunded debt or… …   Useful english dictionary

  • floating debt — n. Short term debt held by a business or government. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

  • floating debt — short term debt that is renewed and refinanced constantly to fund capital needs of a firm or institution. Bloomberg Financial Dictionary * * * floating debt floating debt ➔ debt * * *    Debt with a floating interest rate as opposed to fixed. * * …   Financial and business terms

  • floating debt — debt (consisting of notes, drafts, etc.) which is payable within a short time …   English contemporary dictionary

  • floating debt — noun a debt which is repayable in the short term. Compare with funded debt …   English new terms dictionary

  • floating debt — Liabilities (exclusive of bonds) payable on demand or at an early date; e.g. accounts payable; bank loans Short term or current debt, not represented by securities …   Black's law dictionary

  • floating debt — Liabilities (exclusive of bonds) payable on demand or at an early date; e.g. accounts payable; bank loans Short term or current debt, not represented by securities …   Black's law dictionary

  • floating debt — Same as floating indebtedness …   Ballentine's law dictionary

  • debt — n [Old French dette, ultimately from Latin debita, plural of debitum debt, from neuter of debitus, past participle of debere to owe] 1: something owed: as a: a specific sum of money or a performance due another esp. by agreement (as a loan… …   Law dictionary

  • Floating — Float ing, a. 1. Buoyed upon or in a fluid; a, the floating timbers of a wreck; floating motes in the air. [1913 Webster] 2. Free or lose from the usual attachment; as, the floating ribs in man and some other animals. [1913 Webster] 3. Not… …   The Collaborative International Dictionary of English

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