funded debt

Definition

Loans and obligations with a maturity of longer than one year; usually accompanied by interest payments. also called long-term debt.

Use funded debt in a sentence

You should always try and make sure that you understand how any funded debt may affect you in the future.

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It was funded debt and that meant that the maturity age was longer than one year and that was sure a relief.

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Although the short-term balance sheet was clear for ABC, they're funded debt was a larger problem as the liability was numerous.

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