funded debt

noun [U] FINANCE

Definition

› (also long-term debt) money borrowed by a company for long periods in the form of loans or bonds: The figure must be included in the statement of the total amount of funded debt outstanding.

› loans in which the person or organization borrowing the money is certain to have money available to make interest payments, and to pay the money back when the loans end

(Definition of funded debt noun from the Cambridge Business English Dictionary © Cambridge University Press)