| 单词 | pure debt |
| 释义 | Pure debtPURE DEBT. In Scotland, this name is given to a debt actually due, in contradistinction to one which is to become due at a future day certain, which is called a future debt: and one due provisionally, in a certain event, which is called a contingent debt. 1 Bell's Com. 315, 5th ed. pure debtpure debtAn obligation to repay money,but without any sharing of profits or increases in value. Most mortgages are pure debt;the lender does not own any part of the property nor does the lender receive any profits from the property. |
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