general debt

A governmental body’s debt that is legally payable from general revenues and is backed by the full faith and credit of the governmental body. [Cases: Municipal Corporations 894. C.J.S. Municipal Corporations §§ 1634, 1934.]

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词条贡献者

法律翻译Johnny，毕业于新加坡知名法学院，专注翻译各类与劳动、雇佣和福利有关的法律文件。