Question

choose the best answer.
what is the meaning of confederate debt repudiation?
any money loaned to the union or to individual union states by means of bonds or outright loans was never to be paid.
any money loaned to the confederacy or to individual confederate states by means of bonds or outright loans was never to be repaid.
any money loaned to the union or to individual union states by means of bonds or outright loans was never to be repaid.

Explanation:

Debt repudiation means refusing to pay back owed debt. Confederate debt repudiation specifically refers to rejecting repayment of money lent to the Confederacy or its member states, not the Union.

Answer:

Any money loaned to the Confederacy or to individual Confederate states by means of bonds or outright loans was never to be repaid.