Pure debt

Also found in: Financial.

PURE DEBT. In Scotland, this name is given to a debt actually due, in contradistinction to one which is to become due at a future day certain, which is called a future debt: and one due provisionally, in a certain event, which is called a contingent debt. 1 Bell's Com. 315, 5th ed.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
Having been boosted by the increase in consumer borrowing over the last 15 years, the market has more recently shown signs of maturing with pure debt collection revenues and debt sale levels remaining flat although past sales ensure that top-line market growth continues.
The government has no economic projects that can generate money for the country or the lender, which is why they are taking this money and piling it onto the people of Pakistan as pure debt with no payback mechanism,' she told.
The talks also centred on Kenya's shift from pure debt financing to embrace Private Public Partnerships.
The difference between conventional instruments and GIS is that the former are pure debt securities while the latter has an underlying asset to back it.
Companies need to broaden their financing options beyond pure debt or pure equity and gain an appreciation of the more diverse options available to them depending upon their growth strategies.
However, FMPs are pure debt funds and mostly managed passively.
We might go to the market with a pure debt product at some point in the future.
ERF Wireless (OTC.BB: ERFB.OB), a provider of enterprise-class wireless broadband products and services, announced on Thursday today that it has finalised and signed a pure debt financing agreement with Dakota Capital Fund LLC for an initial round of financing of up to USD3.0m.