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Funded Debt |
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Funded debt
Funded Debt Bonds, loans, and any other debt with a maturity of longer than one year. Funded 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 long-term debt. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Including unsecured revolving bank debt, unsecured debt currently represents 34% of overall funded debt. Including unsecured revolving bank debt, unsecured debt currently represents 34% of overall funded debt. Pascack maintains a fully funded debt service reserve fund in the amount of approximately $8 million. |
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