long-term debt


Also found in: Dictionary.
Related to long-term debt: retained earnings, Long-term debt ratio

Long-term debt

An obligation having a maturity of more than one year from the date it was issued. Also called funded debt.

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.

long-term debt

see LOAN CAPITAL.

long-term debt

Technically, that portion of any debt that will come due after 1 year from the current date. A newly made 30-year mortgage would have 1 year of payments posted to shortterm debt on the accounting books of the borrower, and 29 years posted to long-term debt. In common parlance, though, it is simply any debt with a maturity greater than 1 year from the time of making.

References in periodicals archive ?
Gottschalks' long-term debt fell more than 40 percent in the most recent quarter, compared with the prior year.
With such a bond, the district, for example, could pay off half of its long-term debt, which is more than $9 million, put $2 million to $2.
Also, if a business that structures long-term debt to improve working capital does get hit with a drop in revenues, it is in a much better position to negotiate new demand loans or arrange alternative forms of short-term financing.
The cash flow adequacy ratio depicts the extent a company's cash from operations covers payments on long-term debt, purchases of assets and dividend payments.
Year over year, the tabletop supplier watched its long-term debt drop more than 20 percent.
Under a Proposition 39 bond measure, the district could pay off some of its long-term debt, which is more than $9 million, build West Park Elementary School, and make improvements at Rosamond High School, such as building a larger cafeteria, trustees said.
Our review found that the MTA has taken a number of steps to ensure that its existing and proposed long-term debt structure does not jeopardize its overall financial viability and solvency," the report states.
Only the current portion of compensated absences should be recorded in government funds, while the remainder should be recorded in the general long-term debt account group.
The rating upgrade on the senior long-term debt is based on TD AMERITRADE's progress in paying down debt according to its schedule.
The regional department store reduced its long-term debt by the end of the most recent quarter while total equity increased slightly.
ROSAMOND - Southern Kern Unified School District trustees are exploring whether to pursue a bond measure to help pay off the district's long-term debt, build an elementary school and do other campus improvements.
Long-Term Debt (Non-Peso) BB BB+ Long-Term Debt (Peso) BBB BBB Short-Term Debt (Peso) D-2 D-2

Full browser ?