Definition of Long-term debt

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TeachMeFinance.com - explain Long-term debt



Long-term debt

The term 'Long-term debt' as it applies to the area of energy can be defined as ' Debt securities or borrowing shaving a maturity of more than one year'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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