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Glossary   >   L   >   "Long-term debt" Definition            Long-term debt An obligation having a maturity of more than one year from the date it was issued. Also called funded debt. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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