floating debt

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. . 1990.

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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 — 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 …   Big dictionary of business and management

  • 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 — 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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