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LSDefine

Simple English definitions for legal terms

bonded debt

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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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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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