bonded debt

bonded debt
That part of the entire indebtedness of a corporation or state that is represented by bonds it has issued; a debt contracted under the obligation of a bond.

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  • bonded debt — noun : that part of the indebtedness of a government or corporation represented by bonds called also funded debt * * * bonded debt noun The debt of a corporation represented by the bonds it has issued, as contrasted with its floating debt • • •… …   Useful english dictionary

  • bonded debt — The indebtedness of a business or government which is represented by bonds payable. Indebtedness lawfully contracted for governmental purposes, payable from taxes on all property within municipality + bonded debt debt represented by bonds …   Black's law dictionary

  • bonded debt — The indebtedness of a business or government which is represented by bonds payable. Indebtedness lawfully contracted for governmental purposes, payable from taxes on all property within municipality + bonded debt debt represented by bonds …   Black's law dictionary

  • bonded debt — An indebtedness secured by a bond issue; written obligations contracted for corporate purposes pursuant to law and to be paid out of taxes to be levied upon all property within the corporate boundaries. Bolton v Wharton, 163 SC 242, 161 SE 454,… …   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

  • gross-bonded debt — The total amount of direct debt of an issuer, represented by outstanding bonds before deduction of any assets available and earmarked for their retirement. American Banker Glossary …   Financial and business terms

  • debt — A sum of money due by certain and express agreement. A specified sum of money owing to one person from another, including not only obligation of debtor to pay but right of creditor to receive and enforce payment. State v. Ducey, 25 Ohio App.2d 50 …   Black's law dictionary

  • debt — A sum of money due by certain and express agreement. A specified sum of money owing to one person from another, including not only obligation of debtor to pay but right of creditor to receive and enforce payment. State v. Ducey, 25 Ohio App.2d 50 …   Black's law dictionary

  • bonded — /bon did/, adj. 1. secured by or consisting of bonds: bonded debt. 2. placed in bond: bonded goods. 3. Textiles. made of two layers of the same fabric or of a fabric and a lining material attached to each other by a chemical process or adhesive:… …   Universalium

  • bonded — /ˈbɒndəd/ (say bonduhd) adjective 1. secured by or consisting of bonds: bonded debt. 2. placed in bond: bonded goods. 3. (of textiles) bound by a continuous wad or layer of fibres onto a prepared backing fabric …  

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