Funded Liability

Funded Liability

A source of funds that a firm must take overt action to arrange and that carries an interest cost.
References in periodicals archive ?
This brings the total funded liability to 93% of A.M.
The impression to the contrary arises from the need to convert what is now an unfunded liability into a funded liability. But that accounting change does not alter the real government debt, which is a multiple of the figures conventionally cited.
First, RPA Section 751(a)(1) provides that the underfunding rules do not apply to a plan with a funded liability percentage of at least 90%.