debton which theinterestratechangesas theexistingratechanges(Definition offloating debtfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesoffloating debt
floating debtIt left, after paying all working expenses and interest on the bonded andfloatingdebt, as net surplus earnings, $207,447.53.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The taxes were habitually collected many months in advance, and the colossalfloatingdebtwas increasing rapidly.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Though the church resolved itsfloatingdebtduring this period, financial woes loomed.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The total national debt (funded debt andfloatingdebt) amounted to 200,000,000,000 marks, that is, 10,000,000,000 sterling at the old prewar rate of exchange.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The state had nofloatingdebtduring his tenure, and paid off over $600,000 of bonded debt.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Brown managed to reduce the state's bonded debt to $20 million, and eliminated all of the state'sfloatingdebt.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Egyptian securities, not including thefloatingdebt, approximately estimated at ￡60,000,000, have fallen some ￡20,000,000 in value.FromProject GutenbergIn 1892 the government was compelled to make large additions to the internalfloatingdebt, and to borrow 16,500,000 fr.FromProject GutenbergAs it was, he thought the worst was over, for--strange and agreeable phenomenon--thefloatingdebtwas sinking.FromProject GutenbergParticular issues were the size of thefloatingdebt, on whom the tax burden should fall, and the extent to which inflation was acceptable in war.From theCambridge English CorpusThese examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/floating-debt##
