| 单词 | passive debt |
| 释义 | > as lemmaspassive debt passive debt n. [compare French dette passive (1495 in Middle French)] (a) a debt which a person owes, as opposed to one which he or she is owed (now rare); (b) Banking a debt on which no interest is paid.Opposed to active debt. ΚΠ 1606Passiue debt [see sense A. 7a]. 1728 E. Chambers Cycl. at Debt Active Debts, are those whereof a Person is Creditor: Passive Debts, those whereof he is Debtor. 1883 Wharton's Law-lexicon (ed. 7) Passive debt, a debt upon which, by or without agreement..no interest is payable. 1985 S. B. Schwartz Sugar Plantations in Formation of Brazilian Society: Bahia, 1550–1835 (1998) 211 Few persons connected to the sugar economy died without some active or passive debts, and executors were often admonished in wills to pay or collect some outstanding amount. 1995 Jrnl. Commerce (Nexis) 19 Apr. 3 a $3 billion will be used to refinance short-term passive debt denominated in foreign currencies. < as lemmas |
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