noun
: a liability (as a bond or mortgage) that does not mature for at least one year from the date incurred or from a given balance-sheet date — called also funded debt
noun
: a liability (as a bond or mortgage) that does not mature for at least one year from the date incurred or from a given balance-sheet date — called also funded debt
Webster's New International English Dictionary. Новый международный словарь английского языка Webster. 2012