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Funded Liability

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Funded Liability
A source of funds that a firm must take overt action to arrange and that carries an interest cost.


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plan calls for a total infusion of $856 million, including $674 million in bonds, which would bring the pension fund to nearly 84 percent of its funded liability.
Bonds may hold key to city's-financial recovery: credit agencies ... by Allen, Mike / San Diego Business Journal
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