释义 |
Definition of floating debt in English: floating debtnoun A debt which is repayable in the short term. Compare with funded debt Example sentencesExamples - His Missouri Pacific Railroad effectively controlled the Texas & Pacific by means of an operating contract and the provision of floating debt.
- Should there be a series of budget deficits, the floating debt will, unless it is funded, speedily accumulate to a formidable amount
- The worst US government budget deficits took place in the early 1990s, when 20 percent of the budget was taken care of by floating debt.
- The advantage of floating debt is that there is a chance to benefit from reductions in interest rates.
Definition of floating debt in US English: floating debtnounˈflōdiNG det A debt which is repayable in the short term. Compare with funded debt Example sentencesExamples - His Missouri Pacific Railroad effectively controlled the Texas & Pacific by means of an operating contract and the provision of floating debt.
- Should there be a series of budget deficits, the floating debt will, unless it is funded, speedily accumulate to a formidable amount
- The advantage of floating debt is that there is a chance to benefit from reductions in interest rates.
- The worst US government budget deficits took place in the early 1990s, when 20 percent of the budget was taken care of by floating debt.
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