funded debt

11 LETTERS · STARTS WITH F

funded debt is a valid 11-letter word worth 18 points in Scrabble and 21 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS

F4U1N1D2E1D2D2E1B3T1

4 + 1 + 1 + 2 + 1 + 2 + 0 + 2 + 1 + 3 + 1 =18 PTS

DOUBLE WORD → 36TRIPLE WORD → 54

MEANING

What does funded debt mean?