Sentence Examples with the word funded debt

The funded debt of the state amounted to four and one-half millions of dollars in 1850, when the new constitution limited the power of the legislature to contract further obligations or to decrease or misapply the sinking funds.

The funded debt was then gradually reduced until the last installment was paid in 1903.

The funded debt of the city on the 30th of June 1907 was X7,000,677, a part of which is guaranteed by the national government.