Underlying Debt

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Underlying debt

Municipal bonds issued by government entities but under the control of larger government entities and for which the larger entity shares the credit responsibility.

Underlying Debt

A bond or other debt issued by a municipality and guaranteed by another government entity. For example, if a state guarantees payment, at least in part, for municipal bonds issued by cities in that state, those bonds are called the state's underlying debt. This debt is usually lower risk than other debts.

underlying debt

Debt of a municipal organization for which a higher municipal organization is at least partially responsible. For example, debt of a hospital authority may be guaranteed by a county such that the hospital debt is underlying the debt of the county. Compare overlapping debt.

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Credit Default Swap Divida subjacente interest deductions Overlapping Debt Titulo de deuda subyacente Yield-Based Option			In that complicated foreclosure case, the court decided this month that MERS had no right to the underlying debt repayment secured by the mortgage . Ruling rattles mortgage industry by J. Patrick Coolican / Las Vegas Sun These cooperatives saw the benefit of securing funds to refinance underlying debt and undertake capital improvements, while avoiding large special assessments to shareholders in this still challenging economic environment. New York co-ops keep NCB busy by Real Estate Weekly However, courts are split as to whether you can discharge penalties if the underlying debt is nondischargeable. Discharging Income Taxes and Student Loans in Bankruptcy by Joseph Seagle / Finance and Investment community			Underbooked Undercapitalized Undercharge Underclass Undercolor Removal Underconsumption underdepreciation Underemployed Underemployment Underfunded Underfunded Pension Plan Underground Storage Insurance underground storage tank Underhand underimprovement Underinsurance Underinsured Underinsured Motorist Coverage Limits Trigger Underinsured Motorist Coverage Modified Limits Trigger Underinsured Motorist Endorsement Underinvestment Problem Underinvoicing Underleveraged Underlying Underlying Asset Underlying Debt Underlying Futures Contract Underlying Index Underlying Inflation Underlying Instrument Underlying Investment underlying mortgage Underlying Price Underlying Retention Underlying Security Underlying Service Underlying Value Undermargined Undermargined Account Underpayment Underpayment Penalty Underperform Underperforming Asset Underpricing undersecured loan Undersell Underspend Understandability Undersubscribed Undertakings for Collective Investment in Transferable Securities Undertone			underlining felt Underlinking underlip underlips Underload Underload starter Underload switch Underload Syndrome underlock underlooker underlying underlying underlying underlying Underlying asset Underlying asset Underlying asset Underlying Assets underlying assumption Underlying assumptions Underlying assumptions Underlying assumptions Underlying assumptions Underlying Carrier underlying cause of death underlying cause of death Underlying Commodities Underlying Commodity Underlying Companies Underlying Company Underlying Debt Underlying Debts Underlying Event Underlying Foreign Tax Credit Underlying futures contract Underlying Futures Contracts underlying graph Underlying Hazardous Constituents Underlying Index Underlying Inflation Underlying Inflation Rate Underlying Inflation Rates Underlying instrument Underlying instrument Underlying instrument Underlying instruments Underlying instruments Underlying instruments Underlying investment Underlying Investments Underlying Mortality Assumption underlying mortgage Underlying Mortgages Underlying Operating Profit Underlying Premium Underlying Premiums Underlying Price Underlying Prices underlying principle

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