Sentence examples for long term debts from inspiring English sources
Kevyn Orr, the lawyer appointed to oversee the city's finances in March, sought the approval of a federal judge to place the city in bankruptcy protection after failing to strike agreements with creditors, including Detroit's large public sector pension funds, over plans to restructure up to $20bn in long term debts.
Financing- fording for business enterprises is accomplished through issuance of ownership shares - stocks or incurrence of long term debts - bonds or short term debt - loans.
Brooks says that the "are we better off" question is the prevailing question and that people are more concerned with long term debts than short term maladies.
When determining debt, include interest-bearing, long term debt such as notes payable and bonds.
Instead of introducing new programmes, Mr Brown has focused on dealing with the state's long-term debts.
The city already spends 16 cents out of every tax dollar to pay long-term debts, according to Ms. Lowenstein of the Independent Budget Office.
Among the city's financial problems — which include long-term debts of $12 billion — was its annually spending $150 million beyond its means, then borrowing millions more to cover the shortfall, Mr. Bing said.
In truth, the industry business model relies on the fact that most people cannot afford to repay the original loan, which means they end up saddled with long-term debts carrying interest rates of 400 percent or more.
Because Medicare and Medicaid are two of the largest contributors to the country's long-term debts, slower growth in health costs could reduce the pressure for enormous spending cuts or tax increases.
Members of Congress have recently begun looking into whether a new chapter of the federal bankruptcy code, or some other legal framework, could be created to allow states with the most troubled finances to restructure their long-term debts.
