long-term debt

US /ˌlɔŋ tɜːrm ˈdet/
UK /ˌlɔŋ tɜːrm ˈdet/
"long-term debt" picture
1.

debt that matures in more than one year, such as bonds, notes, or loans

:
The company's balance sheet showed a significant amount of long-term debt.
Managing long-term debt effectively is crucial for financial stability.