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long-term debt

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Financial Dictionary

Long-Term Debt

Loans and financial obligations lasting over one year.

Investopedia Commentary

For example debts obligations such as bonds and notes which have maturities greater than one year would be considered long-term debt. Other securities such as T-bills and commercial papers would not be long-term debt as their maturities are typically shorter than one year.

In the U.K., long-term debts are known as "long-term loans."

Related Links

Bond Basics Tutorial
Advanced Bond Concepts
Corporate Bonds: An Introduction To Credit Risk
When Companies Borrow Money
What Fuels The National Debt?
Basics Of Federal Bond Issues

See also: Bond, Commercial Paper, Debt, Interest Sensitive Stock, Loan, Long Term Liabilities, Note, Treasury Bill

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