He took a prominent part in the corn-law debates of 1814 and 1815; and in 1819 he presented a memorandum to Lord Liverpool advocating a large reduction in the unfunded debt, and explaining a method for the resumption of cash payments, which was embodied in the act passed the same year.
The Senate rejected a similar amendment during floor debate, at least in part to avoid creating a new unfunded mandate.
The Bank also operates a small unfunded pension scheme.
When this is converted into state pension expenditure as% of GDP the looming problem of unfunded pensions looks stark indeed.
Find Similar Words
Find similar words to unfunded using the buttons