Long-Term Debt

A Long-Term Debt is a debt with a debt maturity period that is longer than 12 months.

• • …
• Counter-Example(s):
  • Short-Term Debt.
• See: Long-Term Financial Liability, Capital Market.

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References

2016

• (City Council of Barnstable, 2016b) ⇒ Town of Barnstable. (2016). “Town of Barnstable Adopted Operating Budget - 2017."
  • QUOTE: Long-term debt: Community borrowing, or outstanding balance at any given time, involving loans with a maturity date of 12 months or more. (See Permanent Debt).

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