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Simple English definitions for legal terms

bonded debt

Read a random definition: doctrine of claim differentiation

A quick definition of bonded debt:

Bonded Debt: Bonded debt is a type of debt that is secured by a bond. This means that a business or government entity issues bonds to raise money, and the bondholders have a claim on the assets of the entity if it fails to repay the debt. Bonded debt is a long-term debt that is usually used to finance large projects or investments. It is important for investors to understand the risks associated with bonded debt, as the value of the bonds can fluctuate based on market conditions and the financial health of the entity issuing the bonds.

A more thorough explanation:

Bonded debt is a type of debt that is secured by a bond. It refers to a business or government debt that is represented by issued bonds. This means that the borrower has issued bonds to investors in exchange for the borrowed money. The borrower is then obligated to pay back the borrowed money plus interest to the bondholders.

For example, a company may issue bonds to raise money for a new project. The investors who buy the bonds become the company's creditors and are entitled to receive interest payments and the return of their principal investment when the bonds mature. The company is obligated to pay back the bondholders according to the terms of the bond agreement.

Another example is when a government issues bonds to finance public projects such as infrastructure development. The bondholders are entitled to receive interest payments and the return of their principal investment when the bonds mature. The government is obligated to pay back the bondholders according to the terms of the bond agreement.

These examples illustrate how bonded debt works and how it is used by businesses and governments to raise capital.

bonded | bonded warehouse

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@JumpySubsequentDolphin: I appreciate the vote of confidence
JumpySubsequentDolphin
22:58
@shaquilleoatmeal: I HAAATE JABID
shaquilleoatmeal
23:03
Lmaooo why that song is mad catchy
JumpySubsequentDolphin
23:04
they’re so icky
JumpySubsequentDolphin
23:04
mahrajan shabab falastin - such a weird song
shaquilleoatmeal
23:04
Duly noted 🫡
shaquilleoatmeal
23:05
Put me on some good music then
23:06
How does that video have 290M views it looks like it was shot on a budget of $2 and a bottle of Coke
shaquilleoatmeal
23:07
Do you listen to saint levant? That’s a dude who can speak 5 languages lmao
shaquilleoatmeal
23:07
lol back in the day that’s how videos were made and it was pure gold
23:08
Levantine truly is the best one day I’ll find the will to learn Arabic and I’ll go with Levantine
23:10
my friend from college learned arabic and she became fluent and spent a semester doing independent study in jordan. i thought that was cool
JumpySubsequentDolphin
23:11
@shaquilleoatmeal: wea’youneha by sana moussa is the song i have reserved for my wedding
JumpySubsequentDolphin
23:12
@shaquilleoatmeal: he’s a douche but his music can be fairly catchy
JumpySubsequentDolphin
23:12
@renard99: yes I’m loving the Levantine love!! and @eggan v cool Amman is one of my fave places
shaquilleoatmeal
23:16
Send me a link - I get a couple mixed results when I search
shaquilleoatmeal
23:17
Nvm I found it
shaquilleoatmeal
23:20
Sounds like someone’s playing the qanun?
JumpySubsequentDolphin
23:23
perhaps
JumpySubsequentDolphin
23:23
the lyrics are chefs kiss
shaquilleoatmeal
23:29
Tell me what it translates to tomorrow, I gotta sleep, Laylah sa'eedah 😴
JumpySubsequentDolphin
23:31
tusbihun ‘ala khair
HELLO ALL
whos awake \
JumpySubsequentDolphin
23:42
hi SPLITTY!!!
HIII DOLPHYY
stanford finally sent me a status checker tomight
do yall know if "Your file has been submitted for review" just means under review
Dkk
0:08
@SplitterusClitterus: really depends on the school. Could mean they have just received it. Could be it is under review. Could mean they already have a decision for you. For Stanford, idk.
Mmm ok thank you
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