Definitions for "long-term debt"
Loans and obligations with a maturity of longer than one year; usually accompanied...
Debt of the institution in the form of bonds, notes, capital leases, and other forms of debt that are repayable over a period greater than one year. Long-term debt - current portion
Debt that must be paid in a year or more. A company's long-term debt could be in the form of bank debt, mortgage bonds, debenture bonds or other obligations. Analysts examine long-term debt to see how much leverage a company has.