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The city council voted to issue new bonds to refinance the bonded debt incurred during last year's infrastructure project.
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The city council voted to issue new bonds to refinance the bonded debt incurred during last year's infrastructure project.
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Related words
bonded debt
Noun
countable
uncountable
Japanese Meaning
企業や国家が発行した債券によって裏付けられた負債部分。つまり、発行済みの債券に基づいて計上される借入金や債務を指す。
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