Meaning of the word "long-term debt" in English
What does "long-term debt" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
long-term debt
US /ˌlɔŋ tɜːrm ˈdet/
UK /ˌlɔŋ tɜːrm ˈdet/
Noun
1.
debt that matures in more than one year, such as bonds, notes, or loans
Example:
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The company's balance sheet showed a significant amount of long-term debt.
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Managing long-term debt effectively is crucial for financial stability.
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