It shows that debt maturity has a signaling function at the occurrence of separating equilibrium under the condition of adverse selection,which is to say,good firms issue short-term debt to signal his quality and bad firms have to choose to issue long-term debt.
文章从信息非对称导致的逆向选择和道德风险两个方面出发,研究了债务期限选择对企业的影响,并指出:逆向选择下出现分离均衡时企业债务期限具有信号显示功能,即高质量企业选择更多的短期债务来传递高质量信号,低质量企业只能选择长期债务;同时债务期限与道德风险引起的债务代理成本有紧密的关系,缩短债务期限有利于降低债务代理成本。
Short-term debt has been converted into longterm debt.
短期债务已被转化为长期债务，
Long Term Debt/Capitalization
长期债务/总资本比率
Amortization of Discount on Funded Debt
长期债务的折价摊销
Not funded, as a floating debt.
短期的，流动的没有换成长期债务的，如流动的债务
funded debt: The debt of a Business or government in the form of outstanding Bonds and other long-term notes.
长期债务:企业或政府以未偿还债券和其他长期票据形式承担的债务。
debt service coverage: Ratio of net income after taxes plus interest on long-term debt plus depreciation to debt service.
债务还本付息率:即税后净收入加长期债务利息加折旧,与债务还本付息的比率。
The Determinants of Corporate Long-term Debt;
营运资金管理对公司长期债务影响的实证研究
The Empirical Research of the Relationship between Working Capital Management and Long-term Debt
营运资金管理与长期债务间相关性的实证研究
Money markets deal in short-term debts whereas capital markets deal in long-term debts and stocks.
货币市场从事的是短期债务而资本市场从事的是长期债务和股票的交易。
A bond is a long term debt security. It represents debt because the investors ac-tually lend the face amount to the bond is-suer.
投资者把钱借给发行债券的机构，因此债券也可说是种长期债务凭证。
The act of a creditor who refrains from enforcing a debt when it falls due.
债务偿还期的延展借债人无法按期还债时债权人延长债期的行为
debt overhang: The total outstanding debt or The total debt that cannot be readily covered by expected growth.
未偿债务:1．未清偿的债务余额。2．预期增长不足以抵偿的债务总额。
Government Debts Holding Back Economic Growth in Long Term:International Certification;
政府债务妨碍长期经济增长:国际证据
That depends on the pay down I suppose.
承担债务的期限长短取决于付款时间。
Debt Financing and Debt Maturities vs.Enterprise Growth;
债务融资、债务期限与企业的成长性——来自我国上市公司的经验证据
The Analysis on How Balancesheet Liability Method Resolve the Problem of Long-term Investment Tax Difference;
资产负债表债务法突破长期股权投资税务差异瓶颈分析
consolidation period
（债务）统一整理期
long-term liabilities and long-term investments
长期负债与长期投资