The town is using municipal debt to pay the additional $650,000 it paid to buy title to the land.
We have not had a budget that doesn't use debt for quite a few years.
This was measured using "debt held by the public."
Others have not recognized opportunities to use debt to leverage safe investments for maximum returns.
Some companies and corporations use debt as a part of their overall corporate finance strategy.
Therefore, as of 2011, there are several proposals to enforce financial institutions to use debt like compensation.
It has also encouraged companies to use debt, rather than new stock, for financing because they can deduct interest paid on bonds.
But companies are increasingly willing to use debt in deals.
It's an attempt to use fresh debt to solve the debt crisis.
Mr. Forstmann's firm has used debt to take more than a dozen companies private in recent years.