Long-Term Debt definition

Long-Term Debt means debt repayable over a period exceeding one year;
Long-Term Debt means any Debt that, in accordance with GAAP, constitutes (or, when incurred, constituted) a long-term liability.
Long-Term Debt means payment obligations of indebtedness which mature more than twelve months from the date of determination, or mature within twelve months from such date but are renewable or extendible at the option of the debtor to a date more than twelve months from the date of determination.

Examples of Long-Term Debt in a sentence

  • Long term debt interest expense and related financing costs increased as the average amount of debt outstanding during the current quarter was higher compared to the quarter ended December 31, 2016.


More Definitions of Long-Term Debt

Long-Term Debt. ’ means debt repayable over a period exceeding one year;
Long-Term Debt means Debt that by its terms matures on a date more than 12 months after the date it was created or Debt that the obligor may extend or renew without the obligee’s consent to a date more than 12 months after the Debt was created.
Long-Term Debt. ’ means, as of any date, the total notes, bonds, deben- tures, equipment obligations and other evidence of indebtedness that would be included in long term debt in accord- ance with GAAP. You must include any guarantee or other liability for the debt of any other Person not otherwise included on the balance sheet.
Long-Term Debt means any note, bond, debenture or other similar evidence of indebtedness of money borrowed having a maturity of more than one year from the date such evidence of indebtedness was incurred or having a maturity of less than one year but by its terms being renewable or extendible, at the option of the borrower beyond one year from the date such evidence on indebtedness was incurred.
Long-Term Debt means at any date any Consolidated Debt which matures (or the maturity of which may at the option of the Borrower or any Consolidated Subsidiary be extended such that it matures) more than one year after such date.
Long-Term Debt means debt repayable by the municipality over a period exceeding one (1) year.