long-term debt
US /ˌlɔŋ tɜːrm ˈdet/
UK /ˌlɔŋ tɜːrm ˈdet/

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.