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Acquisition Debt
(redirected from Acquire debt)

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Acquisition Debt
Debt incurred to construct, improve or acquire a principal or secondary residence.

Notes:
A home mortgage is the primary example of acquisition debt.



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In his introductory comments, Tucciarone said that as more companies consolidate and acquire debt, their cash flows tighten, resulting in less material being held in inventory.
That many countries acquire debt releif that goes beyond the scope of traditional debt rescheduling arrangements.
Countryside will use the net proceeds from the offering to repay indebtedness associated with the acquisition of the Cogen Facilities, to acquire debt owing by the subsidiary that holds the Cogen Facilities, to pay certain expenses in connection with the offering and for general corporate purposes.
 
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