floating debt
Definition
Use floating debt in a sentence
“ You should always know how much floating debt you have and be working hard to pay it off as soon as possible. ”
“ Our company CEO was arrested for misappropriating funds that he skimmed off the top of the company's floating debt we refinanced each month. ”
“ Our company has a lot of floating debt, mainly due to the recent acquisitions we have made. On average we purchase one to two companies a year. ”