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funded debt

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funded debt

–noun
a debt, as in the form of bonds, having a long period of maturity.

Origin:
1810–20
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Financial Dictionary

Funded Debt

Long-term debt that matures after more than one year.

Investopedia Commentary

This is usually issued as a bond or a long-term note.

Related Links

Bond Basics Tutorial
Advanced Bond Concepts
The Basics Of The Bond Ladder

See also: Bond, Debt, Maturity, Note

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Financial Dictionary

funded debt

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

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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