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Funded Debt

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Funded debt
Debt maturing after more than one year.

Long-Term Debt
Bonds, loans, and any other debt with a maturity of longer than one year. Long-term debt is used for capital outlays, which usually involves a business' need to buy the basic necessities for its operations, such as facilities and major assets. It is also called funded debt.

funded debt
Long-term interest-bearing debt, such as that for bonds and debentures.


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Calls to the government funded debt advice telephone service, the National Debtline, have increased by 40 per cent since 2007, and demand for Business Debtline, the service specifically for business, has doubled.
Banks noted that because of the hardships posed by shifts in the Medicare reimbursement system, Beverly lowered capital costs and worked to reduce total funded debt.
The series 2009A bonds are secured by all incremental property taxes in the development site, local sales tax revenues derived from the northern portion of the project area, and a cash funded debt service reserve fund; series 2009-1 and 2009-2 bonds are secured by a separate trust indenture and are additionally secured by all state sales taxes within the project area, the local sales tax within the southern portion of the project area, and a cash-funded debt service reserve fund.
 
 
 
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