Glossary

A glossary is a dictionary of terms specific to a certain subject. A biology textbook might have a glossary in the back, so you can quickly look up all those technical words.

Funded Debt

Updated on 2023-08-29T11:55:36.050906Z

It is the debt in the company?s balance that would not be matured in a year?s time. Therefore, funded debt is also known as long-term debt.