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Meaning of “funded debt” in the English Dictionary

"funded debt" in Business English

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funded debtnoun [U]

uk   us   FINANCE
(also long-term debt) moneyborrowed by a ​company for ​longperiods in the ​form of ​loans or ​bonds: The ​figure must be ​included in the ​statement of the ​totalamount of ​fundeddebtoutstanding.
loans in which the ​person or ​organizationborrowing the ​money is ​certain to have ​moneyavailable to make ​interestpayments, and to ​pay the ​money back when the ​loans end
(Definition of funded debt from the Cambridge Business English Dictionary © Cambridge University Press)
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“funded debt” in Business English

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