What is the meaning of Confederate debt repudiation? 1. Any money loaned to the Union or to individual Union states by means of bonds or outright loans was never to be repaid.

2. Any money taken by the Confederacy or by individual Confederate states by means of bonds or outright loans was never to be paid.
Any money taken by the Confederacy or by individual Confederate states by means of bonds or outright loans was never to be paid.

3. Any money loaned to the Union or to individual Union states by means of bonds or outright loans was never to be paid.

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