incur an indebtedness
31extraordinary expenses — An expense characterized by its unusual nature and infrequency of occurrence; e.g. plant abandonment, goodwill write off, large product liability judgment. This term in a constitutional provision that the state may incur indebtedness for… …
32extraordinary expenses — An expense characterized by its unusual nature and infrequency of occurrence; e.g. plant abandonment, goodwill write off, large product liability judgment. This term in a constitutional provision that the state may incur indebtedness for… …
33debt limit — noun the maximum borrowing power of a governmental entity • Syn: ↑debt ceiling • Hypernyms: ↑debt • Hyponyms: ↑national debt ceiling * * * (in public finance) the legal maximum debt permitted a municipal, state, or national government. * * * debt …
