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floating debt

British

noun

short-term government borrowing, esp by the issue of three-month Treasury bills

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

All budgetary expenses were met; more than $1,000,000 was paid on the floating debt; more than $400,000 remained in the treasury at the end of the year.

From Time Magazine Archive

On March 31, her floating debt amounted to 7,641 billion; the last Reichsbank statement showed a note circulation of 5,642 billion.

From Time Magazine Archive

Mr. Lamont began by recalling that since the advent of Fascismo unemployment has been wiped out in Italy, the floating debt reduced and the budget balanced.

From Time Magazine Archive

French banks turned over their British and American securities to the Bank of France, which announced its intention of consolidating the present floating debt of 70 billion francs.

From Time Magazine Archive

The next issue of Notes seems to have been to pay off the floating debt.

From An Example of Communal Currency The facts about the Guernsey Market House by Harris, J. Theodore

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023