| Part of Speech | Definition | |
| Expression | 1. A system or scheme of finance or revenue by which provision is made for paying the interest or principal of a public debt.[Websters]. | |
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Common Expressions: FUNDING SYSTEM
| Expressions | Definition | ||
| Funding system | A system or scheme of finance or revenue by which provision is made for paying the interest or principal of a public debt. Source: Webster's Revised Unabridged Dictionary. | ||
Source: compiled by the editor from various references; see credits. | Top | ||
Specialty Expressions: FUNDING SYSTEM
| Expressions | Domain | Definition | |
| Funding system | Law | FUNDING SYSTEM, Eng. law. The name given to a plan which provides that on the creation of a public loan, funds shall immediately be formed, and secured by law, for the payment of the interest, until the state shall redeem the whole, and also for the gradual redemption of the capital itself. This gradual redemption of the capital is called the sinking of the debt, and the fund so appropriated is called the sinking fund. (references) | |
Source: compiled by the editor from various references; see credits. | Top | ||
