not existing

See: defunct
References in classic literature ?
Besides a variety of powerful causes not existing here, and which favor in that country the pretensions of rank and wealth, no person is eligible as a representative of a county, unless he possess real estate of the clear value of six hundred pounds sterling per year; nor of a city or borough, unless he possess a like estate of half that annual value.
It has come to mean that truth does not exist, or if it does exist, that it is not attainable, which is very much the same as not existing in the first place.
Future flow securitizations are not existing asset securitizations.