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Definition of 'Long-Term Debt'
Loans and financial obligations lasting over one year.
In the U.K., long-term debts are known as "long-term loans."
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Investopedia explains 'Long-Term Debt'
For example, debts obligations such as bonds and notes, which have maturities greater than one year, would be considered long-term debt. Other securities such as T-bills and commercial papers would not be long-term debt because their maturities are typically shorter than one year.
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Treasuries are considered the safest investments, but they should still be analyzed when issued.
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