bonded indebtedness

bonded indebtedness
See bonded debt.

Ballentine's law dictionary. . 1998.

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  • indebtedness — The aggregate of a person s debts. A single debt. The state of being obligated upon a debt or debts. For the purpose of deducting interest in computing net income for tax purposes:–an unconditional obligation. Gilman v Commissioner (CA8) 53 F2d… …   Ballentine's law dictionary

  • bonded debt — The indebtedness of a business or government which is represented by bonds payable. Indebtedness lawfully contracted for governmental purposes, payable from taxes on all property within municipality + bonded debt debt represented by bonds …   Black's law dictionary

  • bonded debt — The indebtedness of a business or government which is represented by bonds payable. Indebtedness lawfully contracted for governmental purposes, payable from taxes on all property within municipality + bonded debt debt represented by bonds …   Black's law dictionary

  • bonded debt — noun : that part of the indebtedness of a government or corporation represented by bonds called also funded debt * * * bonded debt noun The debt of a corporation represented by the bonds it has issued, as contrasted with its floating debt • • •… …   Useful english dictionary

  • bonded debt — noun That part of the entire indebtedness of a corporation or state that is represented by bonds it has issued; a debt contracted under the obligation of a bond …   Wiktionary

  • bonded debt — An indebtedness secured by a bond issue; written obligations contracted for corporate purposes pursuant to law and to be paid out of taxes to be levied upon all property within the corporate boundaries. Bolton v Wharton, 163 SC 242, 161 SE 454,… …   Ballentine's law dictionary

  • List of Oregon ballot measures — Elections in Oregon Federal offices Presidential elections 2000 · 2004 · 2008 Presidential primaries …   Wikipedia

  • Tennessee Central Railway — Reporting mark TC Locale Tennessee Dates of operation 1893–1968 …   Wikipedia

  • bond — 1 n 1 a: a usu. formal written agreement by which a person undertakes to perform a certain act (as appear in court or fulfill the obligations of a contract) or abstain from performing an act (as committing a crime) with the condition that failure …   Law dictionary

  • bond — A certificate or evidence of a debt on which the issuing company or governmental body promises to pay the bondholders a specified amount of interest for a specified length of time, and to repay the loan on the expiration date. A long term debt… …   Black's law dictionary

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