See Also: Debt outstanding subject to limitation(money)
Debt outstanding subject to limitation(finance)
Debt limitation(finance)
Debt limitation(money)
Original issue discount debt (OID debt)(money)
Original issue discount debt (OID debt)(finance)
Junior debt (subordinate debt)(finance)
Junior debt (subordinate debt)(money)
outstanding(1)(dictionary)
Outstanding(finance)

Debt outstanding subject to limitation (finance)


Obligations incurred by the Treasury subject to the statutory limit set by Congress. Beginning with the Second Liberty Loan Act of 1917, the nature of the limitation was modified until, in 1941, it developed into an overall limit on the outstanding Federal debt.