bonded debt


The part of the entire indebtedness of a corporation or a state that is represented by the bonds that it has issued. Also considered to be debt that is contracted under the obligation of a bond.

Use bonded debt in a sentence

The bonded debt of the company was substantial as it allowed many people to assume to role of the lender.

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It is safer to buy bonded debt than buying mortgage based securities as it is easier to look at the finances of a company than an individual.

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We ran the numbers on the bonded debt of the company and came away feeling less than confident in their ability to bounce back from their recent troubles.

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bonded bonded terminal