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单词 floating debt
释义

floating debt

noun
A debt which is repayable in the short term. Compare with funded debt.His Missouri Pacific Railroad effectively controlled the Texas & Pacific by means of an operating contract and the provision of floating debt....
  • 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.
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更新时间:2025/2/22 16:27:34