Overlapping Debt

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Overlapping debt

The portion of debt of political subdivisions or neighboring special districts that a municipality is responsible for.

Overlapping Debt

A situation in which two governments with overlapping jurisdiction each have debt. For example, if the City and the State of New York have both issued bonds to pay for their operations, both the city and the state have overlapping debt. Having overlapping debt may affect one or both governments' ability to repay.

overlapping debt

Debt of a municipality that is shared with another political entity. For example, a city may share responsibility with the county in which the city is located for bonds issued by the county to finance a facility such as a public auditorium. Compare underlying debt.

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Underlying Debt			The rating also incorporates debt ratios considered high for the rating category, attributable to a sustained aggressive borrowing program to fund significant capital needs coupled with the overlapping debt of the city of Charlotte, NC. Fitch Confirms 'F1+' S-T Rating on Mecklenburg County, North ... by Business Wire These credit strengths are balanced by above-average overlapping debt levels and unusually high unemployment rates for this rating category. Fitch Affirms Greenville, South Carolina's GOs at 'AA+'; Outlook ... by Business Wire Overall debt ratios include overlapping debt of approximately $6. Fitch Rates Needville ISD, Texas' $22MM ULT Schoolhouse Bonds 'A+' by Business Wire			Overcapitalization Overcharge Overcollateralization Overdepreciation Overdraft Overdraft Cap Overdraft Checking Account Overdraft Facility Overdraft Protection Overdue Overexposure Overfull Employment Overfunded Pension Plan Overfunding Overgrowth Overhang Overhanging Bond Overhanging Supply Overhead Overhead Resistance Level Overheating overimprovement Overinvestment Overissue Overlap the Market Overlapping Debt Overlay Strategy Overmargined Overnight Deal Overnight Delivery Risk Overnight Index Swap Overnight Position Overnight Repo Overnight Trading Overperform Overreaching Overreaction Hypothesis override Overriding Royalty Interest Overrun Overschrijding van de bevoegdheid Overseas Economic Cooperation Fund Overseas Private Investment Corporation Overshooting Oversight and Government Reform Committee Oversold Overstay Oversubscribed Oversubscribed Issue Oversubscription Oversubscription Privilege			Overlap Thesis Overlap Thesis Overlap Thesis overlap, deep vertical overlap, horizontal overlap, vertical Overlap-Multipole-Expansion Procedure Overlap-Reduced Semiempirical Tight-Binding overlapped overlapped overlapped overlapped Overlapped Block Disparity Compensation Overlapped Block Matching Overlapped Block Motion Compensation Overlapped Discrete Multitone Modulation Overlapped Domain-Decomposition Method overlapped memories Overlapped Pulse Position Modulation Overlapped Pulse-modulation with Interlocking Spectra Overlapped Sub-Gridding Overlapped Sub-Gridding with Filtering Overlapped the Market Overlapped-Subarray Correlogram overlapping overlapping overlapping overlapping overlapping astragal Overlapping Claim Area Overlapping Debt Overlapping Debts Overlapping Distributions Monte Carlo overlapping flap overlapping flap overlapping flap overlapping g's overlapping g's overlapping g's overlapping g's overlapping genes Overlapping Global Interval overlapping input/output Overlapping Large Polaron Tunnelling Overlapping Legacy BSS overlapping mixture of multiple tetrahedra Overlapping Multicarrier Overlapping Network Allocation Vector overlapping orbitals overlapping pair Overlapping Pairs Sparse Occupancy Test Overlapping Quadruples Sparse Occupancy Overlapping Region Sojourn Time Overlapping the Market overlapping toe Overlapping Window Decorrelating Overlapping-Sphere Multiple-Scattering X overlaps overlaps overlaps overlaps

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