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funded debt

noun
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variants: or less commonly funded liability

Definition of funded debt

: fixed liability specifically : bonded debt

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History and Etymology for funded debt

funded from past participle of fund entry 2

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“Funded debt.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/funded%20debt. Accessed 24 Feb. 2021.

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