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off-balance-sheet public debt

Bulgarian translation: задбалансов държавен дълг

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

English term or phrase:	off-balance-sheet public debt
Bulgarian translation:	задбалансов държавен дълг
Entered by:	Andrei Vrabtchev

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08:14 Jan 18, 2012

English to Bulgarian translations [PRO]
Bus/Financial - Economics

English term or phrase: off-balance-sheet public debt

poor value for money and partly off-balance-sheet public debt

miglenal KudoZ activity Questions: 30 (none open) Answers: 5
Local time: 19:35

задбалансов / извънбалансов държавен дълг

Explanation:
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Note added at 6 mins (2012-01-18 08:21:28 GMT)
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може и "задбалансов / извънбалансов публичен дълг"

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Note added at 1 hr (2012-01-18 09:22:36 GMT)
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Definition of 'Off Balance Sheet - OBS'

An asset or debt that does not appear on a company's balance sheet. Items that are considered off balance sheet are generally ones in which the company does not have legal claim or responsibility for.

For example, loans issued by a bank are typically kept on the bank's books. If those loans are securitized and sold off as investments, however, the securitized debt is not kept on the bank's books. One of the most common off-balance sheet items is an operating lease.
http://www.investopedia.com/terms/o/off-balance-sheet-obs.as...