funded debt 
funded debt Finance Definition
A
debt issue whose repayment has already been provided for in some manner. One
example of funded debt is a bond issue that has a sinking fund, which is a fund
to which regular payments are made. When the bond matures, the issuer will have
the money on hand to redeem the bonds.
Browse dictionary entries near funded debt
- ‹ fundamentals
- ‹ fundamentally
- ‹ fundamentalism
- ‹ fundamental right
- ‹ fundamental particle
- ‹ fundamental law
- ‹ fundamental fairness
- ‹ fundamental bass
- ‹ fundamental analysis
- ‹ fundamental
- funded pension plan ›
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